Manufacturers

Siemens Closes Mentor Graphics Acquisition

PLANO, Texas — Mentor Graphics Corporation (Mentor) is now part of Siemens’ product lifecycle management (PLM) software business, making the combined organization a leading supplier of industrial software used for product design, simulation, verification, testing, and manufacturing.

“The entire suite of EDA offerings from Mentor are critically important to our vision of growing our customer base and delivering the world’s most comprehensive portfolio of software solutions to build the Digital Enterprise,” said Tony Hemmelgarn, President and CEO, Siemens PLM Software. “Software tools such as Electrical & Wire Harness Design and Electronic Systems Design perfectly complement our existing solutions, while tools for IC Design, Verification, Test and Manufacturing expand our offerings and expertise into adjacent segments to bring value to a new set of clients.

“Siemens is now … providing a complete set of integrated software solutions across the entire value chain,” Hemmelgarn continued. “We are proud to welcome the outstanding Mentor team and all of their excellent technology into our organization.” 

“Joining the Siemens family presents tremendous opportunity, not only for the Mentor Graphics team, but also for existing, new and future customers,” said Walden C. Rhines, CEO, Mentor Graphics. “Siemens’ desire to leverage all of Mentor’s technologies – from our IC offerings to our systems solutions – was an important part of this transaction. We are proud to become part of an organization with such an excellent reputation and successful track record over the years.”

tEDmag.com released the news about the acquisition in November of 2016.

 

Tagged with , ,

Comment on the story

Your email address will not be published.