Siemens to acquire Precision Innovations to expand AI-powered system-on-a-chip design exploration and optimization

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PLANO, Texas, July 20, 2026 /PRNewswire/ -- Siemens today announced that it has signed an agreement to acquire Precision Innovations Inc., a privately held electronic design automation software company, expanding Siemens' EDA portfolio with AI-powered chip planning capabilities that help semiconductor teams optimize power, performance and area earlier in the system-on-chip design process. Precision Innovations develops EDA software built on the open-source OpenROAD framework to help semiconductor teams evaluate design feasibility, reduce design iterations and accelerate time to market as system-on-a-chip complexity continues to grow. The acquisition will strengthen Siemens' EDA portfolio with AI-driven chip planning and design exploration capabilities, complementing Siemens' existing digital design and verification solutions by enabling faster feasibility analysis and more informed downstream decisions. Precision Innovations is intended to join Siemens as a key addition to its industry-leading Digital Design Creation software, complementing existing digital design and implementation capabilities to deliver a comprehensive, end-to-end digital flow that spans architecture, implementation and the full silicon lifecycle management of SoCs. "With Precision Innovations joining Siemens, we will expand our ability to support customers as they face rapidly increasing SoC complexity and the need to explore new architectures faster and more efficiently," said Ankur Gupta, executive vice president, IC Portfolio, Siemens EDA, Siemens Digital Industries Software. "Integrating Precision Innovations' AI-powered early design exploration into our EDA portfolio can significantly accelerate time to silicon and improves power, performance and area." Precision Innovations' solutions are used by leading semiconductor and technology companies and significantly enhance Siemens' existing EDA offerings across digital design and verification workflows. By combining Precision Innovations' technologies with Siemens' broader EDA portfolio, Siemens will be able to help customers address growing design complexity, shorten development cycles and improve engineering productivity. "Becoming part of Siemens allows us to scale our technology and bring AI-driven chip planning to a much broader set of semiconductor teams," said Tom Spyrou, chief executive officer, Precision Innovations. "Togeth...

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