Siemens expands IC verification portfolio with acquisition of Fractal Technologies Siemens Digital Industries Software has acquired Fractal Technologies, a provider of production signoff-quality IP validation solutions, based in the US and the Netherlands.
According to Siemens, the acquisition will enable its EDA customers to more quickly and easily validate internal and external IP and libraries used in their integrated circuit (IC) designs to improve overall quality and speed time-to-market.
Fractalâs offerings include a comprehensive suite of IP validation and comparison checks used by top-tier foundries, IP providers, integrated device manufacturers and fabless semiconductor companies to accelerate time-to-tape-out and improve silicon results by enabling design data quality and integrity.
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PLANO, Texas, May 12, 2021 /PRNewswire/ Siemens Digital Industries Software today announced that it has acquired Fractal Technologies, a provider of production signoff-quality IP validation solutions, based in the U.S. and the Netherlands. With this acquisition, Siemens electronic design automation (EDA) customers can more quickly and easily validate internal and external IP and libraries used in their integrated circuit (IC) designs to improve overall quality and speed time to market.
Siemens plans to add Fractal’s technology to the Xcelerator™ portfolio as part of its industry-leading suite of EDA IC verification offerings.
Fractal s offerings include a comprehensive suite of IP validation and comparison checks used by top-tier foundries, IP providers, integrated device manufacturers and fabless semiconductor companies to accelerate time-to-tapeout and improve silicon results by enabling design data quality and integrity.
Shriram Housing Finance to provide free vaccination to customers
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Synopsis
Some banks have started tying up with doctors who could guide employees in dealing with their Covid-19-related fears. About 1.5 million people are employed across Indian banks.
AFP
In an industry first, mortgage lender Shriram Housing Finance has decided to provide free vaccination to its 20,000 affordable housing customers. The company would roughly spend Rs 1000 per loan as vaccination cost and would cover two members in a family. It estimates to spend nearly Rs 2 crore to provide free vaccination to its customers.
The mortgage lender had earlier announced that it would bear the vaccination cost of its employees.
Highlights
It would spend Rs 1000 per loan.
Overall, the company will be bearing Rs 2 crore with this initiative.
Many Indian companies have announced that they are going to cover the cost of vaccines for their employees. However, Shriram Housing Finance has announced that the mortgage lender will provide free vaccine to its 20,000 affordable housing customers.
Shriram Housing Finance is providing free vaccine to two members of a family, and there would be approximately spending Rs 1000 per loan. Overall, the company will be bearing Rs 2 crore with this initiative.
Ravi Subramanian, MD of Shriram Housing Finance, said that customers in the affordable housing space are not very well off and for them, even the small sum to be incurred in vaccination through private players can become a big deterrent. “This in turn can derail the vaccination drive,” he added.
Staff at Sandwell Leisure Trust have staged a one-day strike for Friday April 30 over proposed changes to pay and conditions STAFF at Sandwell Leisure Trust are to stage a one-day walk out tomorrow (Friday) over changes to the contracts of around 280 employees, UNISON has confirmed. The union says employees such as swimming instructors, lifeguards and receptionists were told if they didn’t accept the new agreements, which will affect pay, their jobs could be at risk. UNISON says fire and rehire tactics are being used to force staff at Sandwell Leisure Trust centres, including Haden Hill Leisure Centre and Langley Swimming Centre, to accept unfavourable new terms, including no longer being paid nationally agreed rates, and staff represented by the union voted to take strike action last month.