Flagship product, DSim, is the
first-of-its-kind EDA simulation as a service solution
TROY,
Mich., July 1, 2024 /PRNewswire/ -- Altair
(Nasdaq: ALTR), a global leader in computational intelligence,
announced it has entered into a definitive agreement to acquire all
of the outstanding capital stock of Metrics Design Automation Inc.
(Metrics), a Canadian company with a game changing simulation as a
service (SaaS) business model for semiconductor electronic
functional simulation and design verification. Closing of the
transaction is subject to customary conditions.
The Metrics digital simulator, DSim, when combined with Altair's
Silicon Debug Tools, will deliver a world-class, advanced
simulation environment with superior simulation and debug
capabilities in the EDA and semiconductor space. The cloud-based
business model has the potential to transform the semiconductor
space by making high caliber EDA design tools much more affordable
and accessible for companies looking to aggressively scale out
simulations to accelerate design cycles.
Today, integrated circuit (IC) design verification has high
licensing costs and may require hundreds and sometimes thousands of
seats to run a single chip simulation. Additionally, these tools
run on desktop machines, and are not typically cloud-native or
cloud-enabled. The Altair and Metrics solution delivers the
flexibility to run as a desktop app, on your own servers, or in the
cloud and can run very large regressions with the customer paying
only for what they use. It supports System Verilog and VHDL RTL for
digital circuits targeting application specific integrated circuits
(ASICs) and field programmable gate arrays (FPGAs). Because of
this, simulations can be run concurrently and at scale, removing
massive amounts of time and costs from the traditional design
cycle.
"By combining our best-in-class software with Metrics'
cloud-based simulation as a service, we are excited to bring this
groundbreaking technology to our EDA and semiconductor customers,"
said James R. Scapa, founder and
chief executive officer, Altair. "Altair is unique in our ability
to merge simulation with industry-leading workload and workflow
optimization technology, serving as a true partner for companies
embracing innovative tools and resource delivery models in this
highly specialized and high-stakes industry. Customers now have a
choice in design verification."
DSim will be available through Altair One, Altair's cloud
innovation gateway, where it will also be available for desktop
download. Whether in the cloud, on your own servers, or on
the desktop, DSim is fully featured and optimized for speed,
capacity and accuracy, providing semiconductor, automotive,
aerospace and defense customers with Altair's leading digital
simulation, visualization, and circuit debug technology, so they
can quickly track down design problems and move the most complex
devices into production earlier and with a higher degree of
confidence.
"We are proud to be first-to-market with our game-changing
design verification product and business model for the
semiconductor industry," said Joe
Costello, executive chairman, Metrics. "Joining Altair will
allow us to grow and provide an alternative option – whether
on desktop, on your own servers, or in the cloud – to
engineers looking for a flexible, modern, accurate, and fast design
verification solution that is truly scalable."
Metrics is led by Joe Costello,
who is considered one of the founders of the modern EDA industry
when he became President of Cadence Design Systems and drove annual
revenues to over $1B—the first EDA company to achieve that
milestone. In 2004, he was awarded the Phil
Kaufman Award by the Electronic System Design Alliance in
recognition of his business contributions that helped grow the EDA
industry.
About Altair
Altair is a global leader in computational intelligence that
provides software and cloud solutions in simulation,
high-performance computing (HPC), data analytics, and AI. Altair
enables organizations across all industries to compete more
effectively and drive smarter decisions in an increasingly
connected world – all while creating a greener, more sustainable
future. To learn more, please visit www.altair.com.
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SOURCE Altair