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Siemens will expand its digital industrial leadership with the acquisition of Mentor Graphics
Mentor Graphics is a pioneer in design automation software that covers everything from integrated circuit (IC) and system-on-chip (SoC) design to automotive electronics solutions.
Siemens becomes the only digital industrial company to offer mechanical, thermal, electrical, electronic and embedded software design capabilities on a single integrated platform
Siemens is building its Vision 2020 to shape the Digital Industrial Enterprise by expanding its unique portfolio of industrial software. Siemens and Mentor Graphics have signed a merger agreement under which Siemens will acquire Mentor for $37.25 per share in cash, representing an enterprise value of $4.5 billion. The offer price represents a 21% premium to Mentor's closing price on November 11, 2016, the last trading day prior to the announcement.
This acquisition significantly expands Siemens Enterprise Software's portfolio with Mentor's design, simulation, and manufacturing solutions for electronic and IC systems. These capabilities are essential for today's smart, connected products, such as autonomous vehicles. The combination offers mechanical, thermal, electronic, and embedded software tools that will enable Siemens customers to further accelerate innovation, boost production efficiency, and optimize product performance in the field. Now, for the first time, quality, efficiency, flexibility, safety, and speed can be optimized across all technical domains, throughout the entire product lifecycle, and for the entire enterprise.
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