News

Mentor Graphics acquires Valor Computerized Systems

By SiliconIndia   |   Sunday, 21 March 2010, 22:49 Hrs
Print Email
Bangalore: Mentor Graphics, an electronic design automation (EDA) and systems analysis solutions provider has announced the completion of its acquisition of Valor Computerized Systems for net consideration valued at about $50 million.

Mentor paid approximately 5.6 million shares of Mentor stock and $32.5 million in cash. Immediately prior to closing Valor had cash of approximately $29 million. Valor's revenue for its last reported full year ending December 31, 2008 was approximately $40 million. Valor is a provider of software for printed circuit board (PCB), design for manufacturing (DFM) and manufacturing execution (MES) systems.

By acquiring Valor, Mentor is the first major EDA vendor to extend its scope into the market for PCB systems manufacturing solutions. "Valor's expertise and products in the manufacturing segment are an excellent fit to Mentor's in the PCB design area as together we provide a concept-through-manufacturing design solution to our customers," said Henry Potts, Vice President and General Manager of the Systems Design Division of Mentor Graphics.

Write your comment now
 
Beautiful and dress selection, please go to Dresses
Sign Up for DailyDose and Read the Day's Highlights
Email:
SiliconIndia About Us   |   Contact Us   |   Help   |   Community rules   |   Advertise with us   |   Sitemap
News:       Technology   |   Enterprise   |   Tech Products   |   Startups   |   Finance   |   Business   |   Career   |   Magazine  |   Dailydose   |   News archive  
Network:      Network   |   Profile   |   Messages   |   Find   |   Blogs   |   Events   |   Q&A   |   CXO Insights  
Career:      Jobs   |   Companies   |   Mentorship   |   Videos   |   Career blogs  |   Training Institute  |   Freshers
Online courses:   Web developer   |   Java developer   |   CCNA training   |   SEO   |   SAS   |   SQL server 2005   |   J2EE
Education:   MBA   |   MCA   |   Engineering   |   Overseas Education   |   Internship
Life:           Jokes   |   Bookstore   |   Relocate  |   Marketplace
Cities:         Startup   |   Real estate   |   Finance  
Send your and help us continue to improve SiliconIndia
© 2012 SiliconIndia all rights reserved