Flagships product, DSim, is the first-of-its-kind EDA simulation as a service solution
Altair (Nasdaq: ALTR), a computational intelligence company, has entered into a definitive agreement to acquire Metrics Design Automation Inc. (Metrics), a Canadian company with a pioneering simulation as a service (SaaS) business model for semiconductor electronic functional simulation and design verification. The transaction is subject to customary conditions.
Metrics’ digital simulator, DSim, will combine with Altair’s Silicon Debug Tools to offer an advanced simulation environment with superior capabilities in the EDA and semiconductor space.
This acquisition introduces a flexible, cloud-based model that makes high-caliber EDA design tools more affordable and accessible, enabling companies to scale simulations and accelerate design cycles.
The Altair-Metrics solution can run as a desktop app, on private servers, or in the cloud. It supports System Verilog and VHDL RTL for digital circuits targeting ASICs and FPGAs, allowing for large-scale, concurrent simulations that reduce time and costs in the design cycle.
Altair’s platform offers flexibility in design verification, with customers paying only for what they use.
James R. Scapa, Founder and CEO of Altair, said, “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.”
Joe Costello, Executive Chairman of Metrics, added, “Joining Altair will allow us to grow and provide a scalable, modern, and fast design verification solution for engineers, whether on desktop, private servers, or in the cloud.”
Metrics is led by Joe Costello, a pioneer in the modern EDA industry. As President of Cadence Design Systems, he drove annual revenues to over $1 billion, and was awarded the Phil Kaufman Award in 2004 for his contributions to the EDA industry.
DSim will be available through Altair One, Altair’s cloud innovation gateway, providing comprehensive digital simulation, visualization, and circuit debug technology to semiconductor, automotive, aerospace, and defense customers. This acquisition marks a significant step in delivering flexible and scalable EDA solutions.
