WILSONVILLE, Ore., March 3,
2015 /PRNewswire/ -- Mentor Graphics Corp. (NASDAQ:
MENT) today announced it has acquired the business assets of Tanner
EDA, a leading tool provider for the design, layout and
verification of analog/mixed-signal (AMS) and MEMS integrated
circuits. With this acquisition, more designers will now have
access to Tanner's AMS products based on the strength and reach of
the Mentor Graphics global sales organization. All Tanner EDA
products as well as existing AMS products from Mentor will continue
to be available and supported.
"Tanner EDA has built an outstanding reputation as the price
performance leader for the design, layout and verification of AMS
ICs, MEMS and IoT devices," said Greg
Lebsack, President of Tanner EDA. "We are excited to join
Mentor Graphics where we can leverage their extensive technology
leadership and global footprint. We view this transaction as very
positive for Tanner EDA's customers, employees and the industry as
a whole."
Harvest Management Partners, LLC advised Tanner Research, Inc.
regarding the sale of the assets of Tanner EDA. Terms of the
deal were not disclosed.
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 world's most successful electronic, semiconductor and
systems companies. Established in 1981, the company reported
revenues in the last fiscal year in excess of $1.24 billion. Corporate headquarters are located
at 8005 S.W. Boeckman Road, Wilsonville,
Oregon 97070-7777. World Wide Web site:
http://www.mentor.com
Mentor Graphics is a
registered trademark of Mentor Graphics Corporation. All other
company or product names are the registered trademarks or
trademarks of their respective owners.
For more information, please contact:
Joe Reinhart
503.685.1462
joe_reinhart@mentor.com
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SOURCE Mentor Graphics Corp.