ADVERTISEMENT
Siemens To Buy Mentor Graphics In $4.5 Billion Deal
14 Nov 2016, 02:39 PM IST i

Save

Frankfurt: Siemens agreed to buy U.S.-based Mentor Graphics in a $4.5 billion all-cash deal that will further build the German engineering group's software capabilities.
Siemens said on Monday it would pay $37.25 per share for Mentor - which makes software for designing semiconductors - a 21 percent premium to Friday's closing share price.
Siemens has increasingly had to compete with software companies who can develop technology ...
ADVERTISEMENT