Mentor - Cadence Merger and the Federal Trade Commission
December 13, 2010
More consolidation is coming to EDA and so is the Federal Trade Commission. Corporate raider Carl Ichan owns 15% of Mentor Graphics and now owns 1% of Cadence. Ichan buddy multi billionaire George Soros, a long time CDNS investor, just purchased more than 76 million convertible notes of MENT. You do the math…
Unfortunately the FTC will have the last word on a Cadence – Mentor merger and they are already sniffing around. One of the benefits of being an “Internationally Recognized Industry Blogger” is the many emails and phones calls I get asking for background information on the foundries, fabless, EDA, and IP companies. One of the briefest calls was from the Federal Trade Commission Bureau of Competition.
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