Mentor Graphics Acquires Tanner EDA

WILSONVILLE, Ore., Mar. 03, 2015 – 

Mentor Graphics Corp. (NASDAQ: MENT) today announced it has acquired the business assets of Tanner EDA, a leading tool provider for the design, layout and verification of analog/mixed-signal (AMS) and MEMS integrated circuits. With this acquisition, more designers will now have access to Tanner's AMS products based on the strength and reach of the Mentor Graphics global sales organization. All Tanner EDA products as well as existing AMS products from Mentor will continue to be available and supported.

"Tanner EDA has built an outstanding reputation as the price performance leader for the design, layout and verification of AMS ICs, MEMS and IoT devices," said Greg Lebsack, President of Tanner EDA. "We are excited to join Mentor Graphics where we can leverage their extensive technology leadership and global footprint. We view this transaction as very positive for Tanner EDA's customers, employees and the industry as a whole."

Harvest Management Partners, LLC advised Tanner Research, Inc. regarding the sale of the assets of Tanner EDA. Terms of the deal were not disclosed.

About Mentor Graphics

Mentor Graphics is a technology leader in electronic design automation providing products, consulting services and award-winning support for the world s leading electronics and semiconductor companies. We offer the broadest portfolio of best-in-class hardware and software solutions focused on IC design, place & route, physical verification, functional verification, FPGA/PLD, design-for-test, PCB design and emerging technologies such as ESL. Innovative tools from Mentor Graphics solve demanding design challenges, including scalable solutions for functional verification; cutting-edge technology for place & route, design-for-manufacturability and mixed-level IC design verification; award-winning test compression technology; embedded software development systems; and market-leading integrated system design solutions.

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