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Siemens Digital Industries Software has agreed to acquire Avery Design Systems, a verification IP supplier based in Tewksbury, Massachusetts. The acquisition is expected to close in the first quarter of fiscal year 2023.
“The acquisition of Avery further extends Siemens’ leadership in the verification space, adding Avery’s impressive Verification Protocol and Compliance Test Suite offerings.”newelectronics.co.uk
Summarized from public sources; check the original articles before acting on it.