While the talks may resume in the future they are currently suspended according to NY Times sources. The NY Times concluded that at $6.5 billion, Cadence might be too expensive a gamble for the equity firms to take.
This story was first leaked by the NY Times on June 4, 2007 and has not been commented on directly by Cadence officials.
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.