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Precision Innovations

Precision Innovations

Semiconductors · EDA Software · AI Chip Design

Acquisition

Siemens agrees to acquire AI chip-design startup Precision Innovations

July 20, 2026

The deal folds an OpenROAD-based planning tool into Siemens' EDA stack to catch chip flaws before costly implementation begins.

  • Siemens signed an agreement to acquire Precision Innovations Inc., a privately held EDA software company, adding AI-powered chip planning tools to its portfolio.
  • Precision Innovations builds software on the open-source OpenROAD framework that lets chip teams test architectural tradeoffs early, before deeper design work locks in flaws.
  • The startup will join Siemens' Digital Design Creation line, aiming to give customers one continuous flow from early architecture decisions through implementation and full silicon lifecycle management.
  • Siemens' EDA unit is separately growing its Saskatoon R&D hub by a third to 400 staff, a site rooted in its 2017 purchase of chip software startup Solido Design Automation.
  • As SoC designs grow more complex, catching power, performance and area problems during early planning rather than late in the flow can save semiconductor teams months of costly rework.

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Siemens

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