Avery Design Systems, Inc. is a leading simulation-independent Verification IP and EDA tools supplier. The company was founded in 1998 by Chilai Huang and headquartered in Tewksbury, MA, USA. It was acquired by Siemens in March 2023. In November of 2022, Avery Design Systems was acquired by Siemens Digital Industries Software. Avery’s technology is now part of the Siemens Xcelerator portfolio, an industry-leading suite of electronic design automation (EDA) integrated circuit (IC) verification offerings.