New Delhi: Synopsys has signed an agreement to acquire the German simulation and testing tool company QTronic, with an aim to expand its product portfolio of automotive solutions, informed the company in a release.
However, none of the companies revealed any information about the transaction details of the acquisition.
Under this acquisition, Synopsys will expand automotive virtual solutions to accelerate vehicle systems and software developments. Also, it will employ highly experienced engineers to accelerate technology development and customer deployment, informed the company in the release.
With the fast growth of vehicle softwares, combined with complex interaction of hardware, it is becoming an enormous challenge for the auto manufacturers and their suppliers as well, who are working on future powertrain, electric vehicles, advanced driver assistance systems and autonomous driving technology.
The acqusition will help Synopsys to develop and offer the automotive industry solutions to overcome such challenges. The automotive companies are deploying virtual development and testing environments enabling software development to start the integration and testing of OTA updates. QTronic simulation and testing tools are expected to accelerate the process.