Avery Design Systems, Inc., the top provider of simulation-independent verification IP, has signed a contract to be acquired by Siemens Digital Industries Software. Siemens' industry-leading suite of electronic design automation (EDA) integrated circuit (IC) verification services would now include Avery's technology as part of the Siemens Xcelerator portfolio.
Together with NuoDB, Dassault Systèmes announced that Dassault Systèmes, which already owned a 16% ownership position, is buying the remaining NuoDB equity. NuoDB, a cloud-native distributed SQL database with headquarters in Cambridge, Massachusetts, was founded in 2010 and offers on-demand scalability, continuous availability, and transactional consistency, and is designed for mission-critical applications.
Author Credits: Abhishek Verma, Hetal Singh