Altair to acquire Metrics Design Automation
ECONOMY & POLICY

Altair to acquire Metrics Design Automation

Altair, a global leader in computational intelligence, announced it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation (Metrics), a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. Closing of the transaction is subject to customary conditions.

The Metrics digital simulator, DSim, when combined with Altair?s Silicon Debug Tools, will deliver a world-class, advanced simulation environment with superior simulation and debug capabilities in the EDA and semiconductor space. The cloud-based business model has the potential to transform the semiconductor space by making high caliber EDA design tools much more affordable and accessible for companies looking to aggressively scale out simulations to accelerate design cycles.

Today, integrated circuit (IC) design verification has high licensing costs and may require hundreds and sometimes thousands of seats to run a single chip simulation. Additionally, these tools run on desktop machines, and are not typically cloud-native or cloud-enabled. The Altair and Metrics solution delivers the flexibility to run as a desktop app, on your own servers, or in the cloud and can run very large regressions with the customer paying only for what they use. It supports System Verilog and VHDL RTL for digital circuits targeting application specific integrated circuits (ASICs) and field programmable gate arrays (FPGAs). Because of this, simulations can be run concurrently and at scale, removing massive amounts of time and costs from the traditional design cycle.

?By combining our best-in-class software with Metrics? cloud-based simulation as a service, we are excited to bring this groundbreaking technology to our EDA and semiconductor customers,? said James R. Scapa, Founder and Chief Executive Officer, Altair. ?Altair is unique in our ability to merge simulation with industry-leading workload and workflow optimization technology, serving as a true partner for companies embracing innovative tools and resource delivery models in this highly specialized and high-stakes industry. Customers now have a choice in design verification.?

DSim will be available through Altair One, Altair?s cloud innovation gateway, where it will also be available for desktop download. Whether in the cloud, on your own servers, or on the desktop, DSim is fully featured and optimized for speed, capacity and accuracy, providing semiconductor, automotive, aerospace and defense customers with Altair?s leading digital simulation, visualization, and circuit debug technology, so they can quickly track down design problems and move the most complex devices into production earlier and with a higher degree of confidence.

"We are proud to be first-to-market with our game-changing design verification product and business model for the semiconductor industry,? said Joe Costello, Executive Chairman, Metrics. ?Joining Altair will allow us to grow and provide an alternative option ? whether on desktop, on your own servers, or in the cloud ? to engineers looking for a flexible, modern, accurate, and fast design verification solution that is truly scalable.?

Metrics is led by Joe Costello, who is considered one of the founders of the modern EDA industry when he became President of Cadence Design Systems and drove annual revenues to over $1B?the first EDA company to achieve that milestone. In 2004, he was awarded the Phil Kaufman Award by the Electronic System Design Alliance in recognition of his business contributions that helped grow the EDA industry.

Altair, a global leader in computational intelligence, announced it has entered into a definitive agreement to acquire all of the outstanding capital stock of Metrics Design Automation (Metrics), a Canadian company with a game changing simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. Closing of the transaction is subject to customary conditions. The Metrics digital simulator, DSim, when combined with Altair?s Silicon Debug Tools, will deliver a world-class, advanced simulation environment with superior simulation and debug capabilities in the EDA and semiconductor space. The cloud-based business model has the potential to transform the semiconductor space by making high caliber EDA design tools much more affordable and accessible for companies looking to aggressively scale out simulations to accelerate design cycles. Today, integrated circuit (IC) design verification has high licensing costs and may require hundreds and sometimes thousands of seats to run a single chip simulation. Additionally, these tools run on desktop machines, and are not typically cloud-native or cloud-enabled. The Altair and Metrics solution delivers the flexibility to run as a desktop app, on your own servers, or in the cloud and can run very large regressions with the customer paying only for what they use. It supports System Verilog and VHDL RTL for digital circuits targeting application specific integrated circuits (ASICs) and field programmable gate arrays (FPGAs). Because of this, simulations can be run concurrently and at scale, removing massive amounts of time and costs from the traditional design cycle. ?By combining our best-in-class software with Metrics? cloud-based simulation as a service, we are excited to bring this groundbreaking technology to our EDA and semiconductor customers,? said James R. Scapa, Founder and Chief Executive Officer, Altair. ?Altair is unique in our ability to merge simulation with industry-leading workload and workflow optimization technology, serving as a true partner for companies embracing innovative tools and resource delivery models in this highly specialized and high-stakes industry. Customers now have a choice in design verification.? DSim will be available through Altair One, Altair?s cloud innovation gateway, where it will also be available for desktop download. Whether in the cloud, on your own servers, or on the desktop, DSim is fully featured and optimized for speed, capacity and accuracy, providing semiconductor, automotive, aerospace and defense customers with Altair?s leading digital simulation, visualization, and circuit debug technology, so they can quickly track down design problems and move the most complex devices into production earlier and with a higher degree of confidence. We are proud to be first-to-market with our game-changing design verification product and business model for the semiconductor industry,? said Joe Costello, Executive Chairman, Metrics. ?Joining Altair will allow us to grow and provide an alternative option ? whether on desktop, on your own servers, or in the cloud ? to engineers looking for a flexible, modern, accurate, and fast design verification solution that is truly scalable.? Metrics is led by Joe Costello, who is considered one of the founders of the modern EDA industry when he became President of Cadence Design Systems and drove annual revenues to over $1B?the first EDA company to achieve that milestone. In 2004, he was awarded the Phil Kaufman Award by the Electronic System Design Alliance in recognition of his business contributions that helped grow the EDA industry.

Next Story
Infrastructure Energy

India Launches Forum To Boost Critical Mineral Mission

Union Minister for Coal and Mines, Shri G. Kishan Reddy, inaugurated the Critical Mineral Seminar and officially launched the NCMM Outreach Forum under the National Critical Mineral Mission (NCMM) in New Delhi. The event, held during a national seminar on critical mineral processing, highlighted the essential role of critical minerals in India’s clean energy transition, defence, digital economy, and advanced manufacturing.In his keynote address, the Minister stressed the need for robust collaboration between government bodies, industry, academia, and startups to establish a resilient and sel..

Next Story
Infrastructure Urban

Indian Navy To Induct ASW Vessel Arnala On 18 June

The Indian Navy is set to commission its first Anti-Submarine Warfare Shallow Water Craft (ASW-SWC), Arnala, on 18 June 2025 at the Naval Dockyard in Visakhapatnam. The commissioning ceremony will be presided over by Chief of Defence Staff, General Anil Chauhan, and hosted by Vice Admiral Rajesh Pendharkar, Flag Officer Commanding-in-Chief, Eastern Naval Command. Senior naval officials, dignitaries, and representatives from shipbuilders and associated agencies will be in attendance.This milestone marks the formal induction of the first of sixteen ASW-SWC class vessels, developed to enhance Ind..

Next Story
Infrastructure Urban

Modi Unveils Rs 460 Billion Projects in Jammu & Kashmir

Prime Minister Narendra Modi laid the foundation stone, inaugurated, and dedicated a series of development projects worth over Rs 460 billion in Katra, Jammu & Kashmir, marking a pivotal moment for the region’s infrastructure and growth. Hailing it as a tribute to India’s unity, the Prime Minister emphasised that with the blessings of Mata Vaishno Devi, the Kashmir Valley is now seamlessly connected to the nation’s railway network through the newly completed Udhampur-Srinagar-Baramulla Rail Line (USBRL) project.Among the key highlights were the inauguration of the Chenab and Anji bri..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?