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Announced

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Siemens Digital Industries Software completed the acquisition of DownStream Technologies.

Synopsis

Siemens Digital Industries Software, a computer software company, completed the acquisition of DownStream Technologies, a provider of manufacturing data preparation solutions for printed circuit board design. Financial terms were not disclosed. "The acquisition is a significant step for Siemens EDA in the mid-sized PCB market, offering DownStream's customers improved time to market, quality, and cost efficiency. Integrating DownStream Technologies enables Siemens EDA to provide the most comprehensive and advanced manufacturing data preparation solution, helping to ensure a smooth transition from design to production within a fully digitalized and scalable electronic systems design process," Mike Ellow, Siemens Digital Industries Software CEO, Siemens EDA.

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