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Technical System Software

Mentor Graphics Corporation is a public company that provides electronic design automation software and services to the electronic and semiconductor industries. The company's stock symbol is MENT, and it is listed on the NASDAQ stock exchange in the United States.

Here's some general information about Mentor Graphics Corporation:

Headquarters: Wilsonville, Oregon, USA

Industry: Electronic Design Automation (EDA)

Founded: 1981

Revenue: $1.277 billion (2019)

Net income: $50.6 million (2019)

Employees: 7,000 (2019)

With a focus on hardware, software, and services, Mentor Graphics Corporation develops and distributes electronic design automation tools. Its products are used for digital and analog IC design, and system-level design and analysis, by companies that produce integrated circuits, automotive electronics, and other electronic gadgets[1]. Many of the company's tools can be used to simulate and design application-specific integrated circuits (ASICs), programmable gate arrays (PGAs), and digital signal processors (DSPs).[2]

Mentor Graphics' revenue for the fiscal year ending February 28, 2020, was $1,277 million, an increase of 11% over the previous year driven primarily by the company's acquisition of Dassault Systemes' business. The company's net income for the same period was $50.6 million, down from $151.8 million the previous year due to higher operating expenses and restructuring charges.[3]

Wally Rhines, the founder of Mentor Graphics, stated that Siemens paid $4.5 billion in cash for the acquisition, which might result in a significant payout for shareholders. Mentor Graphics' largest institutional shareholder, chairman, and CEO, Gregory H. Kitz, owned approximately 4.4% of the company's shares as of November 28, 2016. [4]

The company's focus is on hardware, software, and services. Its application IC design software helps design complex integrated circuits (ICs) used in consumer electronics, networking equipment, and other electronic devices. The company's share price was $40.65 as of March 31, 2017.

In 2017, the company won a lawsuit against Synopsys. The jury delivered a verdict in favor of Mentor, ruling that Synopsys had infringed on Mentor's trade secret.[5]

In November 2018, Siemens acquired Mentor Graphics for $4.5 billion in cash. [6]

In March 2020, Siemens rebranded the business that resulted from the acquisition as Siemens EDA, doing business as Mentor, a business of Siemens.[7]

During its fiscal year 2020, Mentor Graphics saw 11% growth in revenue to $1,277 million, driven primarily by the acquisition of Dassault Systemes' business. However, its net income for the same period was $50.6 million, down from $151.8 million the previous year due to higher operating expenses and restructuring charges. The company's stock price as of March 31, 2017, was $40.65. Mentor Graphics focuses on hardware, software, and services, and its application IC design software helps design complex integrated circuits (ICs) used in consumer electronics, networking equipment, and other electronic devices. Mentor Graphics has been involved in legal cases, including one against Synopsys, and was acquired by Siemens in 2018. The company has since been rebranded as Siemens EDA, doing business as Mentor, a business of Siemens.