# Siemens to acquire Precision Innovations

Siemens has signed an agreement to acquire Precision Innovations Inc., a privately held electronic design automation software company, to expand its EDA portfolio with AI-powered chip planning capabilities.

- Type: Acquisition
- Announced: 2026-07-20
- Where: Plano, Texas, United States
- Status: announced
- Products: electronic design automation software, AI-powered chip planning
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Siemens](https://endata.com/companies/301.md) (acquirer)
- [Precision Innovations](https://endata.com/companies/93081.md) (target)
- [Defacto Technologies](https://endata.com/companies/93107.md) (target)

## Sources

- [news.siemens.com](https://news.siemens.com/en-us/siemens-to-acquire-precision-innovations/), 2026-07-20: "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."
- [news.siemens.com](https://news.siemens.com/en-us/siemens-to-acquire-defacto-technologies/), 2026-07-21: "With Defacto Technologies, we strengthen our ability to help customers automate SoC design creation and establish trusted design flows earlier in the development cycle."
- [arcweb.com](https://www.arcweb.com/blog/acquisitions-partnerships), 2026-07-24: "Siemens’ planned acquisition of Precision Innovations will expand its EDA portfolio with AI-powered capabilities for earlier SoC design exploration and optimization."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.