Plano, TX. Siemens announced that with the recent closing of its acquisition of Mentor Graphics, Siemens has set out to underscore the significant customer value it envisions for both electronic-system and IC design tools. Mentor is now part of Siemens’ product lifecycle management (PLM) software business, making the combined organization the world’s leading supplier of industrial software used for product design, simulation, verification, testing, and manufacturing, the company reported.
As today’s products—from smart phones and household appliances, to automobiles, aircraft, and machinery—continue to increase the use of sophisticated embedded electronics, Siemens has positioned itself to provide a seamless and comprehensive software solution to the companies that develop these products.
“The entire suite of EDA offerings from Mentor are critically important to our vision of growing our customer base and delivering the world’s most comprehensive portfolio of software solutions to build the Digital Enterprise,” said Tony Hemmelgarn, president and CEO, Siemens PLM Software. “Software tools such as electrical and wire harness design and electronic systems design, perfectly complement our existing solutions, while tools for IC design, verification, test and, manufacturing expand our offerings and expertise into adjacent segments to bring value to a new set of clients.
“Siemens is now the leading company providing a complete set of integrated software solutions across the entire value chain. We are proud to welcome the outstanding Mentor team and all of their excellent technology into our organization.”
With approximately $10 billion in investments in multiple software companies since 2007, Siemens has made a push into the software space with acquisitions including UGS, LMS, Camstar, Polarion, and CD-adapco. Now, with the acquisition of Mentor, Siemens will continue its track record of effectively merging new organizations and technology into the industry’s leading digital enterprise suite,” the company said. This comprehensive suite helps customers create the industry’s most holistic and precise digital twins of their products and production lines.
“Joining the Siemens family presents tremendous opportunity, not only for the Mentor Graphics team, but also for existing, new, and future customers,” said Walden C. Rhines, CEO, Mentor Graphics. “Siemens’s desire to leverage all of Mentor’s technologies—from our IC offerings to our systems solutions—was an important part of this transaction. We are proud to become part of an organization with such an excellent reputation and successful track record over the years.”
Speaking of the acquisition at the International Test Conference last November in Fort Worth, Rhines had said, “We are absolutely delighted.” He called the two companies “totally complementary.” Although one-third of Mentor’s business might seem a good fit for Siemens, the remaining two-thirds relating to semiconductor design might not. However, said Rhines, Siemens views IC design as fuel for the electronic solutions Siemens will be offering.
