Siemens expands IC verification portfolio through OneSpin acquisition

07 May 2021 CW Team

The company told the media that it can now offer customers industry-leading know-how, product leadership and the industry's broadest portfolio of automated formal apps for key use-cases, including trust and security, safety, RISC-V and FPGA applications.

Automated apps are increasingly critical to successful formal verification flows. Formal apps complement traditional formal techniques and help democratise formal verification processes by automating and dramatically streamlining common verification tasks.

Siemens plans to add OneSpin Solutions technology to the Xcelerator™ portfolio as part of its suite of electronic design automation (EDA) IC verification offerings.

The acquisition of OneSpin Solutions is expected to close in the second quarter of the calendar year 2021. The terms of the transaction have not been disclosed.

Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing and electronics design meet tomorrow.

The Xcelerator portfolio helps companies of all sizes create and leverage digital twins that provide organisations with new insights, opportunities and levels of automation to drive innovation.

OneSpin Solutions which is headquartered in Munich, has developed a fast-growing business by providing the industry's broadest portfolio of formal applications ("apps") for assuring IC designs operate as intended under the most adverse environmental conditions across key growth markets.

Image Source

Also read: Siemens commissions India’s first HVDC power transmission link

Also read: Siemens makes its biggest acquisition in India

Siemens Digital Industries Software has signed a deal with UK-based private equity firm Azini Capital to acquire OneSpin Solutions, a provider of certified integrated circuit (IC) integrity verification solutions.With the move, Siemens has expanded its IC verification portfolio. The company told the media that it can now offer customers industry-leading know-how, product leadership and the industry's broadest portfolio of automated formal apps for key use-cases, including trust and security, safety, RISC-V and FPGA applications. Automated apps are increasingly critical to successful formal verification flows. Formal apps complement traditional formal techniques and help democratise formal verification processes by automating and dramatically streamlining common verification tasks. Siemens plans to add OneSpin Solutions technology to the Xcelerator™ portfolio as part of its suite of electronic design automation (EDA) IC verification offerings. The acquisition of OneSpin Solutions is expected to close in the second quarter of the calendar year 2021. The terms of the transaction have not been disclosed. Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing and electronics design meet tomorrow. The Xcelerator portfolio helps companies of all sizes create and leverage digital twins that provide organisations with new insights, opportunities and levels of automation to drive innovation. OneSpin Solutions which is headquartered in Munich, has developed a fast-growing business by providing the industry's broadest portfolio of formal applications (apps) for assuring IC designs operate as intended under the most adverse environmental conditions across key growth markets. Image SourceAlso read: Siemens commissions India’s first HVDC power transmission link Also read: Siemens makes its biggest acquisition in India

Real Estate

31 Oct 2025

Birla Estates Tops Global GRESB 2025 Rankings

Birla Estates (BEPL), a wholly owned subsidiary of Aditya Birla Real Estate (formerly Century Textiles and Industries Limited), has been recognised as a Sector Leader in the 2025 GRESB Real Estate Assessment, securing top honours across multiple global and regional categories.Birla Estates’ Achievements in GRESB 2025:Global Sector Leader – ResidentialGlobal Sector Leader – Non-Listed ResidentialRegional Sector Leader – Asia – ResidentialRegional Sector Leader – Non-Listed – Asia – ResidentialThese distinctions reaffirm Birla Estates’ exceptional performance in Environmental, ..

Infrastructure Transport

31 Oct 2025

Progota India Secures RDSO Clearance for Kavach 4.0

Concord Control Systems, one of India’s leading manufacturers of embedded electronic and critical system solutions, announced that its associate company, Progota India, has received Technical Prototype Clearance from the Research Designs and Standards Organisation (RDSO) for Kavach 4.0, the latest version of Indian Railways’ indigenous Automatic Train Protection (ATP) system.With this clearance, Progota has been formally approved to execute its ongoing trial order from South Central Railway, marking a key milestone in India’s railway modernization journey. The approval also establishes P..

Infrastructure Urban

31 Oct 2025

MPS Interactive Systems Completes Full Acquisition of Liberate Group

MPS Interactive Systems (MPSi), a material subsidiary of MPS, has completed the acquisition of the remaining shareholding in the Liberate Group of Companies—comprising Liberate Learning, App-eLearn, and Liberate eLearning.With this transaction, MPSi now holds 100 per cent ownership of all entities within the Liberate Group, making them its wholly owned subsidiaries. The acquisition was executed in line with the valuation methodology defined in the original transaction documents.Commenting on the development, Rahul Arora, Chairman and CEO of MPS, said, “The corporate learning sector continu..