Siemens closes Mentor Graphics acquisition
With the recent closing of its acquisition of electronic design automation (EDA) software leader, Mentor Graphics Corporation (Mentor), Siemens sets out to underscore the significant customer value it envisions for both Electronic Systems and Integrated Circuit (IC) design tools. Mentor is now part of Siemens’ product lifecycle management (PLM) software business, making the combined organization the world’s leading supplier of industrial software used for product design, simulation, verification, testing and manufacturing. As today’s products – from smart phones and household appliances, to automobiles, aircraft and machinery – continue to increase the use of sophisticated embedded electronics, Siemens has uniquely positioned itself to provide a seamless and comprehensive software solution to the companies that develop these products.
- Creates world’s leading supplier of industrial software for the Digital Enterprise
- Siemens significantly expands its software business by entering the Integrated Circuit (IC) design and embedded software segments
- Emphasis placed on critical need for both Electronic Systems and IC development tools
- Siemens uniquely positioned to address complex development needs of today’s smart products with convergence of PLM and EDA software
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