Design teams at leading semiconductor and IP companies use Austemper's innovative technology to analyze the registered-transfer level (RTL) code versions of their designs for faults and vulnerabilities. It can automatically correct and harden vulnerable areas, subsequently performing fault simulation to ensure the design is hardened and no longer susceptible to errors. Moreover, the Austemper technology performs simulation at orders of magnitude faster than competing solutions.

Siemens will integrate Austemper's technology into Mentor's IC verification portfolio as part of Siemens' larger digitalization strategy, leveraging Siemens' world-wide sales channel to make this world-class functional safety solution available to companies developing digital twins of safety-critical systems at the heart of autonomous vehicles, smart cities and industrial equipment in Factory 4.0.

"With this acquisition, we continue to build on our commitment to helping our customers quickly bring to market innovations in autonomous vehicles, smart factories and smart cities," said Tony Hemmelgarn, president and CEO of Siemens PLM Software. "In all of these markets, customers need to innovate more nimbly, but it is imperative they also build these systems with the highest degree of safety in mind. The Austemper technology added to the Mentor IC portfolio, along with the Teamcenter portfolio and Polarion ALM software, will give customers the ability to develop and test digital twins of their systems for the highest degrees of functional safety before manufacture and deployment."

The terms of the transaction are not disclosed. Siemens expects to close the transaction in July 2018.

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