Perforce Software announces Methodics acquisition

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Perforce Software has announced it has acquired Methodics, a provider of intellectual property lifecycle management and traceability solutions for enterprises.

The addition of Methodics extends Perforce's capabilities in the DevOps market addressing the needs of some of the largest technology teams in the world facing extreme scale, time to market, and quality imperatives.

Perforce and Methodics previously had a strategic partnership providing a fully integrated solution to manage IP from design all the way through production and reuse in the semiconductor industry. Many of the world’s top semiconductor companies already leverage their solutions for electronic design and data management.

“The semiconductor and embedded software design markets continue to expand, especially as they serve growing AI, automotive, cloud, and IoT markets,” said Mark Ties, Perforce CEO. “Together with Methodics, Perforce will enable these markets to drive faster time to market, higher quality, greater operational efficiency, and increased security and compliance at scale. We are also excited about the opportunity to extend this joint solution into gaming, automotive, and other industries.”

“The importance of collaboration between multisite and multi-geographic design teams continues to intensify. Methodics solutions enable critical collaboration while assuring full traceability and reuse of important design assets and their associated metadata,” added Simon Butler, Methodics CEO. “We are confident that this acquisition will enable us to meet the needs of the semiconductor and embedded systems markets, as well as gaming, automotive, and beyond.”