The Real Reason Siemens Bought Mentor!
June 26, 2017
The Siemens purchase of Mentor last year for a premium $4.5B was a bit of a shock to me as I have stated before. I had an inkling a Mentor acquisition was coming but Siemens was not on my list of suitors. The reviews have been mixed and the Siemens commitment to the IC EDA market has been questioned so I spent some time on this at #54DAC.
First stop: Chuck Grindstaff’s (Executive Chairman, Siemens PLM Software Inc.) keynote, we were then afforded a Q&A session with Chuck and Wally afterwards. I also had a chat with Chuck in the hallway.
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