Massive European conglomerate acquires Saskatoon-based computer chip developer

A Texas-based subsidiary of Siemens AG has purchased a prominent Saskatoon-based computer chip developer that specializes in “machine learning.”
Siemens, which brought in about $124 billion in revenue last year, bought Solido Design Automation Inc. for an undisclosed price. A source familiar with the local company said it’s likely the largest single technology deal the province has ever seen. 
Solido president and CEO Amit Gupta described the deal as “very positive,&