With the aim to broaden its product portfolio of automotive solutions serving the needs of automotive Tier 1 and OEM companies, Synopsys has signed a definitive agreement to acquire QTronic. Headquartered in Germany, QTronic is a simulation, test tools company and provides services for automotive software and systems development
The acquisition will expand automotive virtual solutions to accelerate vehicle systems and software development. It will add a team of highly experienced engineers to accelerate technology development and customer deployment.
The rapid growth of vehicle software, combined with the complex interaction of hardware, software and physical components, creates an enormous challenge for automobile manufacturers and their suppliers developing future powertrain, electric vehicle, advanced driver assistance and autonomous driving systems.
To address these challenges, automotive companies are deploying virtual development and test environments enabling software development to start earlier and accelerate continuous integration and test for over the air updates. QTronic simulation and test tools will accelerate Synopsys delivery of a comprehensive automotive virtual prototyping solution for system and software development throughout the automotive electronic supply chain.
The transaction is subject to customary closing condition and terms of the deal have not been disclosed.
Source: Press Release