The OVM is available as a download by anyone, under the Apache 2.0 license. This standard, open license allows anyone to use OVM libraries for any purpose, including creation of derivative work.

The OVM is the result of joint development between Cadence and Mentor Graphics to facilitate true SystemVerilog interoperability with a standard library and a proven methodology. Completely open, it combines the best of the Cadence® Incisive® Plan-to-Closure Universal Reuse Methodology (URM) and the Mentor Advanced Verification Methodology (AVM), and is usable on two-thirds of the world's SystemVerilog simulators. The OVM will also facilitate the development and usage of plug-and-play verification IP (VIP) written in SystemVerilog (IEEE 1800), SystemC® (IEEE 1666), and e (IEEE 1647) languages.
The OVM is available for download from this site as of January 9. 2008. Join OVM World today to get regular updates on the OVM.
Despite the availability of the IEEE 1800 SystemVerilog standard, the benefits of an open verification language have not yet been realized. The availability of multiple class libraries and methodologies have hurt the ability for true interoperability.
Cadence and Mentor Graphics have collaborated to address these issues and to deliver an open and interoperable class library and methodology, the OVM, which delivers on the SystemVerilog promise.