Tessolve, a Hero Electronix venture and a leading provider of semiconductor engineering solutions, is set to fully acquire Dream Chip Technologies, a semiconductor chip design firm headquartered in Germany, for a consideration of up to EUR 42.5 million.

This move Tessolve claims will elevate it to be among a select group of design firms worldwide capable of delivering turnkey design solutions for complex cutting-edge chips. The acquisition will enable it to provide advanced capabilities in terms of System on Chip (SoC) designs for the Artificial Intelligence (AI), automotive, data centre, and industrial markets.

Furthermore, Tessolve will also strengthen its footprint in Europe by adding four delivery locations across Germany and Netherlands, including a specialised ADAS (Advanced Driver Assistance Systems) and imaging centre-of-excellence lab.

Srini Chinamilli, Co-Founder & CEO, Tessolve, said, “This acquisition solidifies our position as a top tier semiconductor engineering firm globally with unmatched design to productisation capabilities. Dream Chip’s capabilities further strengthen our ability to take on leading edge ASIC design projects and greatly enhances our European footprint.”

Dream Chip Technologies is said to be one of the leading semiconductor design service companies in Germany, particularly for its expertise in complex digital designs.

Jens Benndorf, CEO, Dream Chip Technologies, said, "We are excited to join forces with Tessolve and bring our expertise in digital chip design and embedded software to a global platform. By combining our design capabilities and IP with Tessolve’s established semiconductor services and embedded solutions, we can offer our customers a truly end-to-end solution from chip architecture to post-silicon test and supply chain management for their most complex designs. Together, we will push the boundaries of innovation in automotive and enterprise designs, particularly in camera-based systems and AI-driven ASIC applications."

Ujjwal Munjal, Chairman, Tessolve, added, “Over the past few years, Tessolve has demonstrated impressive growth and resilience. With the synergy brought by Dream Chip Technologies, I am confident that Tessolve is poised to become a world leader in this space with unparalleled capabilities. As major companies increasingly shift towards custom chip design, this acquisition positions Tessolve more strongly than ever to meet the growing demands of the custom chip market.”

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Elektrobit and Mobileye have announced the integration of EB corbos Linux for Safety Applications into Mobileye Drive, a system designed for Level 4 autonomous driving. The platform will serve as the technical foundation for vehicle manufacturers and robotaxi vendors.

The collaboration utilises Elektrobit’s safety-compliant operating system (OS) to provide features and field updates for Mobileye’s self-driving architecture.

EB corbos Linux for Safety Applications is an open-source OS solution assessed for compliance with automotive functional safety standards. It has received a technical assessment for ASIL B and SIL2 by TUV Nord, based on ISO 26262 and IEC 61508 standards.

The solution allows manufacturers to use Linux in high-performance computing (HPC) domains, specifically for advanced driver-assistance systems (ADAS) and autonomous vehicles (AV). By utilising open-source software, the companies aim to leverage transparency and innovation speed compared to proprietary systems.

Mobileye Drive is designed to automate vehicle types for applications including ride-pooling, public transport, and goods delivery. The system is powered by the EyeQ System-on-Chip (SoC) and utilises AI-driven computation.

The technology is intended for operation without human intervention within defined areas. Mobileye Drive is currently undergoing testing in locations across Europe and North America, drawing on the company's deployment history in approximately 230 million vehicles globally.

Maria Anhalt, CEO, Elektrobit, said, “Our industry is at a pivotal moment, with carmakers, Tier1 suppliers, and technology companies increasingly joining forces to advance autonomous driving. Working with Mobileye and opening up our cooperation on EB corbos Linux for Safety Applications reflects our commitment to practical, safe, and scalable innovation. Together, we are helping pave the way for the next generation of reliable autonomous driving systems”

Johann ‘JJ’ Jungwirth, Executive Vice-President Autonomous Vehicles, Mobileye, added, “Working together with software innovators in the automotive field like Elektrobit is a key factor in expediting the mass-production of vehicles equipped with the self-driving system Mobileye Drive. Our customers expect to deploy AVs in large numbers in the upcoming years, increasing the importance of system stability and reliability.”

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Cadence Design Systems, Inc. has finalised its acquisition of Hexagon AB’s Design and Engineering (D&E) business. The EUR 2.7 billion transaction was funded through 70 percent cash and 30 percent Cadence common stock.

The acquisition incorporates Hexagon D&E’s MSC Software solutions, including MSC Nastran and Adams, into the Cadence System Design and Analysis (SDA) portfolio. The integration combines structural analysis, acoustics and multibody dynamics with Cadence’s existing technologies in electronics, computational fluid dynamics (CFD) and BETA CAE structural processing.

Cadence aims to utilise the combined portfolio to address the Physical AI market. By coupling physics-based simulation with AI design tools, the company intends to provide platforms for creating virtual representations of systems. These tools are designed to predict system behaviour in conditions involving motion, vibration, and fluid-structure interactions.

Key components of the integrated platform include:

• Structural Analysis: MSC Nastran for finite element analysis.
• Multibody Dynamics: Adams for mechanical system simulation.
• Electronics and CFD: Existing Cadence portfolios for electromagnetic and fluid flow analysis.
• Pre/Post Processing: BETA CAE technologies for data preparation and validation.

The combined data generated from these simulations will be used to train and validate AI models for applications in robotics, autonomous systems and transportation.

Cadence expects the acquired business to contribute an incremental USD 160 million to its 2026 revenue. On a non-GAAP basis, the transaction is anticipated to be approximately 28 cents dilutive to 2026 earnings per share, with the company projecting the acquisition to become accretive in 2027.

Anirudh Devgan, President and CEO, Cadence, said, “This acquisition marks a major milestone in advancing our vision for intelligent system design. By combining our industry-leading computational software and AI-driven design expertise with MSC Software’s world-class structural and physics-based analysis technologies, we’re empowering customers to push the boundaries of what’s possible – from autonomous systems and advanced robotics to the future of transportation.”

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Dell Technologies and McLaren Racing have extended their partnership, continuing Dell’s role as the Official Innovation Partner for the McLaren Mastercard Formula 1 Team. The collaboration focuses on the use of AI infrastructure and hardware to support car development and trackside operations.

The partnership, which began in 2018, has integrated Dell’s technology into McLaren’s design, engineering and race-day decision-making processes. This infrastructure supported McLaren during its Constructors’ Championship titles in 2024 and 2025, as well as its Drivers’ Championship win in 2025.

McLaren utilises the Dell AI Factory, including PowerEdge servers, to process 1.5 terabytes of data during a race weekend. This setup allows the team to run simulations and maintain digital twins of the cars to refine race strategies. The system monitors variables such as hydraulic changes and track conditions in real time.

To manage data-intensive workloads, including Computational Fluid Dynamics (CFD) and modelling, the team employs PowerStore and PowerScale storage solutions. This allows for the scaling of data infrastructure to meet the demands of high-performance computing.

Dell PCs are used across the organisation for collaboration and data access between the factory and the racetrack. Engineers and strategists use AI-optimised PCs to manage workflows and support driving simulation systems used for driver training. Additionally, Alienware systems power the McLaren F1 Sim Racing Team.

Zak Brown, chief executive officer, McLaren Racing, said, “Our work with Dell Technologies has become a natural part of how we operate as a Formula 1 team. Their support strengthens the way we work across the organisation, helping us stay agile and competitive in a sport where every detail matters. Extending this relationship reflects the confidence we have in what we can achieve together.”

Gerri Tunnell, Chief Marketing Officer, Dell Technologies, said, “The relationship between Dell Technologies and McLaren Racing showcases what’s possible when two organisations are dedicated to pushing boundaries. Dell’s solutions are a catalyst for human progress. With McLaren, we’re demonstrating how the combination of powerful technology and human ingenuity can deliver real competitive advantages in high-stakes environments - an approach that inspires innovation across industries worldwide.”

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Dassault Systemes has announced that Bernard Charles has stepped down as Executive Chairman and member of the Board of Directors for personal reasons, effective immediately.

The Board has unanimously appointed Pascal Daloz, the company’s current Chief Executive Officer, to the dual role of Chairman and CEO. The transition, effective from 21 February 2026, follows the recommendation of the Compensation and Nomination Committee.

Charles, a Co-Founder who has been with the company for 40 years, led Dassault Systemes through six generations of industry transformation. While stepping down from his formal duties, Charles will remain available to the company to assist in the adoption of ‘3D UNIV+RSES’ powered by artificial intelligence.

Daloz, who has worked with Charles for 25 years, will now lead the company's ‘Gen7’ strategy. This phase focuses on industrial AI and generative economy solutions within the 3DEXPERIENCE platform.

Key Strategic Focus Areas:

Industrial AI: Integration of artificial intelligence into 3D design and simulation.

Generative Economy: Redefining industry innovation and competition.

Product Lifecycle Management (PLM): Maintaining market leadership in digital twin and PLM technologies.

Pascal Daloz, said, “I am honored to succeed Bernard Charles as Chairman of Dassault Systemes, in addition to my mission as CEO. I would like to thank Bernard for his trust, his unwavering support and his inspiration. We share the same vision: pushing the boundaries of science and imagination to change the lives of consumers, patients and citizens - bringing "virtual worlds to real life". We also share a common conviction about the plan required to turn that vision into reality. As Co-Founder and CEO, Bernard guided our company from a startup to a world leader. The inspiration behind Dassault Systemes' leading technologies, he has instilled a culture of ongoing innovation within our organization. He has helped transform industries for a more sustainable world. I thank Bernard for his offer to remain available to help us accelerate the adoption of 3D UNIV+RSES powered by AI. Our ambition is clear: to lead the transformation powered by Industrial AI through 3D UNIV+RSES. This is a long-term commitment to further redefine how industries innovate, operate and compete in the Generative Economy. I am committed to ensuring that Dassault Systemes retains the freedom needed to remain a game-changer and to accelerating growth.”

Bernard Charles, commented, “I have requested to be released, for personal reasons, from my duties as Executive Chairman of the Board of Dassault Systemes. As Co-Founder of our company, alongside Charles Edelstenne, I am truly pleased that Pascal Daloz succeeds me in this role. Pascal and I have worked side by side for 25 years, and he has my full confidence to both lead the company and organize the Board's work. This decision reflects the enduring continuity of the company’s governance, which is a major source of trust for our large clients around the world. I am firmly convinced that this new configuration creates the strongest conditions for the continued and successful development of Dassault Systemes. I love and am deeply proud of Dassault Systemes - its people, its teams, its customers, its purpose and values and what we build together. I am, at heart, a product and technology leader; this is my passion. I will remain fully available to the company to accelerate the adoption of 3D UNIV+RSES. Over the past 40 years, I have driven six generations of industry transformations, leading cutting-edge product innovation. “Gen7” is now well defined and architected. Pascal and his remarkable team will drive further this tremendous heritage for the success of our clients, partners and shareholders.”

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