Divestiture • Electrical Equipment

Siemens Digital Industries Software Acquires ProDesign Electronic - proFPGA product family

On June 8, 2021, Siemens Digital Industries Software acquired electrical equipment company ProDesign Electronic - proFPGA product family from ProDesign Electronic

Acquisition Context
  • This is Siemens Digital Industries Software’s 1st transaction in the Electrical Equipment sector.
  • This is Siemens Digital Industries Software’s 1st transaction in Germany.

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M&A Deal Summary

Date June 8, 2021
Target ProDesign Electronic - proFPGA product family
Sector Electrical Equipment
Buyer(s) Siemens Digital Industries Software
Sellers(s) ProDesign Electronic
Deal Type Divestiture

Target Company

ProDesign Electronic - proFPGA product family

Bruckmuhl, Germany
ProDesign Electronic's proFPGA product family line has a track record of enabling more than 100 customers to 'shift left' in their critical hardware and software verification tasks, enabling faster time-to-market. ProDesign Electronic's proFPGA product family is based in Bruckmuhl, Germany.
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Buyer Overview 1

Buyer

Siemens Digital Industries Software

Plano, Texas, United States

Category Company
Sector Software
DESCRIPTION

Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing, and electronics design meet tomorrow. The Xcelerator portfolio helps companies of all sizes create and leverage digital twins that provide organizations with new insights, opportunities, and levels of automation to drive innovation. Siemens Digital Industries Software is based in Plano, Texas.


Deal Context for Buyer #
Overall 3 of 8
Sector: Electrical Equipment 1 of 1
Type: Divestiture 1 of 2
Country: Germany 1 of 1
Year: 2021 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-12 Fractal Technologies

San Jose, California, United States

Fractal Technologies is a provider of production signoff-quality IP validation solutions. Fractal offers a comprehensive suite of IP validation and comparison checks used by top-tier foundries, IP providers, integrated device manufacturers and fabless semiconductor companies to accelerate time-to-tapeout and improve silicon results by enabling design data quality and integrity. Fractal Technologies was founded in 2010 and is based in San Jose, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-20 SENER - FORAN Software

Las Arenas, Spain

SENER's FORAN Software is CAD/CAE/CAM software for the design, construction, and engineering of vessels and marine structures. SENER's FORAN Software is based in Las Arenas, Spain.

Buy -

Seller Profile 1

SELLER

ProDesign Electronic

Bruckmuhl, Germany

Category Company
Founded 1982
Sector Semiconductors
Employees85
DESCRIPTION

ProDesign Electronic Gmbh, is a provider of high-speed ASIC and System-on-Chip (SoC) verification systems. Prodesign a provider in the E²MS market and has built extensive knowledge in the areas of electrical engineering, PCB design, production, assembly, measuring and testing.


Deal Context for Seller #
Overall 2 of 2
Sector: Electrical Equipment 1 of 1
Type: Divestiture 2 of 2
Country: Germany 2 of 2
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-01 ProDesign - CHIPit Business

Bruckmuhl, Germany

ProDesign - CHIPit Business, is a line of automated ASIC prototyping solutions that provides hardware-assisted verification throughout the SoC and ASIC project life cycles.

Sell -