Siemens intends the acquisition of Mentor Graphics

Siemens and Mentor Graphics signed an agreement on the takeover of Mentor by Siemens for $ 37.25 per share in cash on November 14, 2016.This equates to an enterprise value of $ 4.5 billion. The Mentor Board of Directors supports Siemens' takeover offer and recommends that shareholders approve and accept the agreement.Details about this very notable news, which concerns our member mentor and the EDA industry in Germany, can be read here.