Mentor Graphics Acquires Flexras Technologies

WILSONVILLE, Ore., January 13, 2015 — Mentor Graphics Corp. (NASDAQ: MENT) today announced that it has acquired Flexras Technologies, a leading developer of proprietary technologies that reduce time required for prototyping, validation, and debug of integrated circuits (ICs) and systems on chip (SoCs). Flexras timing-driven partitioning technology will expand and strengthen the portfolio of tools available from Mentor to help engineers overcome the challenges of increasingly complex design prototyping.

“We’re extremely pleased to have the Flexras team join Mentor Graphics,” said John Lenyo, vice president and general manager of the Mentor Design Verification Technology Division. “We’re committed to helping our customers reduce the risks and costs associated with design prototyping and Flexras has proven to be a visionary in this area.”

Terms of the deal were not disclosed.

About Flexras

Flexras Technologies was founded in August 2009 by a group of CAD and FPGA experts, established to build upon the knowledge from ten years of research at the University of Pierre et Marie Curie and LIP6 Lab. Flexras’s products solve hardware/software validation bottlenecks by complementing rapid prototyping platforms with timing-driven partitioning, offering a material increase in clock frequency for highly complex design prototyping.

About Mentor Graphics

Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the worlds most successful electronic, semiconductor and systems companies. Established in 1981, the company reported revenues in the last fiscal year in excess of $1.15 billion. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentor.com.