Siemens  buys  Mentor Graphics in the closest time

Siemens buys Mentor Graphics in the closest time

14.11.2016 News

The German Siemens AG corporation reported about the acquisition of the American producer Mentor Graphics. The transaction is estimated at $4,5 billion: the price of one share constitutes $37,25. Mentor Graphics main activities are: designing of cable systems, printed circuit boards, functional verification, development of the built-in software etc. The company merger is directed, first of all, to an implementation of the commercial Siemens project – Vision 2020. The German company is interested in technical developments and a possibility of high-quality engineering maintenance receipts from the future partner. Let’s remind that the initial price of Mentor Graphics one share within the first round of the biddings, constituted fewer than $30.

Siemens AG is the German producer of electronics, which has been acting in the world market since 1981. At the moment, main vectors of a company performance are: industry, power, health care, infrastructure. It is important to tell that the industry of development of the medical equipment especially actively develops in a current period within the entity.

Read also: Some day Siemens to pay to Israel a fine of €37 million for Corruption Scandal Settlement.

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