Siemens agrees to buy EDA software maker Precision Innovations

  • Siemens AG agreed to acquire Precision Innovations, adding AI-driven chip planning tools to its electronic design automation portfolio.
  • Precision Innovations’ software, built on the open-source OpenROAD framework, targets earlier system-on-a-chip feasibility analysis to improve power, performance, area.
  • Deal aims to strengthen Siemens’ Digital Design Creation offering with “shift-left” design exploration to shorten development cycles and speed time to silicon.
  • Closing is expected in the third quarter of 2026, subject to customary conditions; financial terms were not disclosed.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Siemens AG published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607201110PR_NEWS_USPR_____DA07972) on July 20, 2026, and is solely responsible for the information contained therein.