SAN JOSE -- Cadence has acquired privately held foundation IP developer Altos Design Automation, the company said last night.

Read more: Cadence Acquires Altos Design

WILSONVILLE, OR -- Mentor Graphics, locked in a struggle with top shareholder Carl Icahn for control of the company, went on the offensive today, reporting preliminary results for its fiscal first quarter ended April 30.

Read more: Mentor Forecasts 25% Q1 Sales Hike

SAN JOSE – Electronics design software developer Cadence Design Systems reported a fiscal first-quarter net profit of $6.3 million, compared to a net loss of $11.8 million a year ago.

Read more: Cadence Swings to Q1 Profit on Big Revenue Spike

BILLERICA, MA – Cadence Design Systems today rolled out a major revision to its Allegro and OrCAD platforms, adding a host of co-design functionality to the high-end suite while also moving certain sophisticated PCB design features to its OrCAD platform. The EDA design software company also reconfigured the suites to a core format with several add-on modules that users can license on-demand, thus reducing the cost of licensing a full suite of tools.

Read more: Allegro, OrCAD Revisions Add Features, Debut Hierarchical Use Model