Design News

WILSONVILLE, OR -- Over the protest of its largest shareholders, Mentor Graphics issued $253 million in convertible debt, a move the company says will save money while having little effect on a possible sale.

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WILSONVILLE, OR -- The rancor over Mentor Graphics grows more heated still as its largest shareholder called for the heads of its board of directors.

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WILSONVILLE, OR -- Another top Mentor Graphics shareholder turned up the heat on the EDA software company yesterday, issuing a public letter criticizing the company's management for "unacceptable" decision-making and performance.

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WILSONVILLE, OR -- The high stakes poker game over Mentor Graphics gets more interesting by the day.

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WILSONVILLE, OR -- Carl Icahn is one unhappy Mentor Graphics shareholder. The notorious investor took Mentor's board to task for rejecting his $1.9 billion offer to buy the company and its followup decision today to sell up to $250 million in new bonds, a move, he says, will further dilute the company's stock.

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SAN JOSE – Electronic design automation revenue increased 19.4% year-over-year in the fourth quarter of 2010 to $1.5 billion, says The EDA Consortium.

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