Siemens closes acquisition of Mentor Graphics

With the recent closing of its acquisition of electronic design automation (EDA) software leader, Mentor Graphics Corporation, 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.