Siemens Expands Chip-Design Business With Software Deal

First reported by Bloomberg at · Updated · 2 sources

Siemens AG agreed to buy family-owned Lauterbach GmbH to expand its chip-design portfolio, part of a strategy of acquiring specialist technology firms to help meet rising demand for state-of-the-art semiconductors.

Covered by 2 publishers within 3 hours of the first report.

Summary from Bloomberg.

Reporting2

Bloomberg Siemens Expands Chip-Design Business With Software Deal · Marilen Martin