Tuesday, October 13, 2009

Mentor Graphics Buys Israeli Firm

Wilsonville, Oregon-based Mentor Graphics, a developer of electronic design automation software, said late Monday evening that it has signed a definitive merger agreement with Valor Computerized Systems, Ltd. The firm said the transaction, worth $82M, will make Valor a wholly-owned subsidiary of Mentor Graphics. Valor is a Israeli maker of printed circuit board (PCB) design software, including software used for physical layout, fabrication, and assembly of PCBs.