WILSONVILLE, OR and SAN JOSE, CA – Mentor Graphics Corp. has acquired LogicVision Inc. in a deal valued at about $13 million, expanding its IC product portfolio.
 
The transaction is structured as a stock-for-stock reverse triangular merger, subject to LogicVision stockholders’ approval and closing conditions. Under the terms of the agreement, the transaction should be tax-free to LogicVision stockholders.
 
The deal is expected to be final during the third quarter of this year. 
 
LogicVision provides proprietary build-in-self-test (BIST) technologies for achieving the highest quality silicon-manufacturing test, while reducing test costs for complex System-on-Chip devices.