Mentor Graphics

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Mentor Graphics

logo
legal form Corporation ( AG )
founding 1981
resolution March 31, 2017
Reason for dissolution Acquisition by Siemens
Seat Wilsonville , Oregon ,United StatesUnited States
management
  • Walden C. Rhines (CEO)
  • Gregory K. Hinckley (President)
Number of employees 5,700
sales 1,181,000,000 US dollars
Branch software
Website www.mentor.com
As of January 31, 2016

Mentor Graphics headquarters in Wilsonville, Oregon

Mentor Graphics was a manufacturer of software products in the areas of electronic design automation (EDA) and embedded software based in Wilsonville in the US state of Oregon . In the EDA sector, the company was one of the largest software manufacturers in the world and employed over 5,000 people.

The biggest competitors are Cadence and Synopsys .

history

In the years after 1980, the computer-aided development of electronic circuits and assemblies within the framework of computer-aided engineering (CAE) and computer-aided design (CAD) became more and more present and market-defining. Mentor Graphics was founded in 1981 by former Tektronix development engineers with the aim of offering a variety of software products in this area.

Workstations from the manufacturer Apollo Computer , founded just a year earlier, were used as the first hardware platform for Mentor's EDA software . In 1982 the first EDA software product was introduced, the IDEA 1000 program .

In March 2009 the company announced a merger with Valor Computerized Systems .

In 2016, the Elliott Management Corporation hedge fund bought 8.1% of the shares in Mentor with the aim of massively increasing its value; As a result, Mentor worked out strategic alternatives with the involvement of Bank of America , also with the aim of selling. On November 14, 2016, Siemens announced the acquisition of Mentor Graphics for $ 4.5 billion. The takeover of Mentor in the Product Lifecycle Management (PLM) software division of the "Digital Factory Division" was completed in March 2017, quote: "Customers will continue to be supplied with the same products and solutions."

Products

In the EDA area :

In the area of embedded software :

Individual evidence

  1. a b Executive Team
  2. a b c Annual Report 2016. (PDF) Mentor Graphics, March 18, 2016, accessed on October 19, 2016 (English).
  3. ^ Liana B. Baker, Greg Roumeliotis: Mentor Graphics working with Bank of America to explore sale-sources. Reuters , October 16, 2016, accessed October 19, 2016 .
  4. Siemens to expand its digital industrial leadership with acquisition of Mentor Graphics. Retrieved November 14, 2016 .
  5. Open Letter to Customers. Retrieved March 31, 2017 (English).