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Archive for November 14th, 2016

Hurry, Hurry: Brexit triggers SoftBank/ARM, Election triggers Siemens/Mentor

Monday, November 14th, 2016

 


If you were watching Seattle beat New England last night
, and not the news, you missed it: The rumor that Munich-based Siemens would buy Wilsonville-based Mentor Graphics.

This morning, of course, it’s no longer a rumor. The players themselves have announced that the deed is done.

Per the Press Release, “Siemens and Mentor Graphics today announced that they have entered into a merger agreement under which Siemens will acquire Mentor for $37.25 per share in cash, which represents an enterprise value of $4.5 billion.”

Wow, talk about just in the nick of time.

(more…)

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