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Mentor Buys Sierra Design for $90M

Written by Administrator
Monday, 11 June 2007
WILSONVILLE, OR – Mentor Graphics Corp., producer of electronic-design automation software, said it has acquired Sierra Design Automation for $90 million in cash and stock. Mentor said the purchase will enable the company to integrate physical design, back-end verification and other processes. Mentor will continue to sell Sierra's products. No other terms of the purchase were disclosed.

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