Siemens to buy Lauterbach to expand semiconductor design business

What happened: Siemens (SIEGY)(SMAWF) said it agreed to acquire German semiconductor software company Lauterbach, expanding its tools for designing and testing chips. Financial terms weren't disclosed. Why it matters: The deal combines Siemens' hardware verification technology with Lauterbach's software debugging and monitoring, expanding Siemens' semiconductor design business.

Siemens (SIEGY)(SMAWF) said it agreed to acquire German semiconductor software company Lauterbach, expanding its tools for designing and testing chips. Financial terms weren't disclosed.

The deal combines Siemens' hardware verification technology with Lauterbach's software debugging and monitoring, expanding Siemens' semiconductor design business.