4 posts and columns on Mentor Graphics

Mentor Graphics Rejects Icahn's $1.91 Billion Bid

in News on March 28, 2011 at 8:46 am PT

Mentor Graphics Corp. rejected billionaire investor Carl Icahn’s $1.91 billion takeover offer, saying the bid undervalues the company and putting itself up for sale isn’t in the best interest of shareholders.

Icahn Makes $1.91 Billion Bid for Mentor Graphics

in News on February 22, 2011 at 1:05 pm PT

Billionaire investor Carl Icahn offered to buy Mentor Graphics Corp. of the U.S. for $1.91 billion, less than two weeks after saying the chip-design software company should put itself up for sale.

Mentor Graphics Cuts Guidance as Business Slows

in News on November 11, 2008 at 6:07 am PT

Mentor Graphics, a provider of chip design software, has reduced the outlook for the second half of its fiscal year based on slowing customer activity. According to CEO Walden Rhines, customers are waiting until much closer to the expiration of contracts to renew in this much slower market. The company expects some large contracts to renew over the next few quarters–and to have a stronger FY 2010 than FY 2009.

Cadence Leadership Released Into Wild

in News on October 16, 2008 at 5:50 am PT

They’re clearing the decks at Cadence. CEO Mike Fister resigned Wednesday, along with four other senior executives, in the wake of mounting financial problems at the semiconductor company.