Flomerics management is urging shareholders to reject the bid by Mentor. This reminds me more of when Mentor tried to acquire Quickturn….
From an EDA marketing insider
Flomerics management is urging shareholders to reject the bid by Mentor. This reminds me more of when Mentor tried to acquire Quickturn….
If Denali falls in love with using the BlueSpec tools to create their IP then wouldn’t it make sense for them to merge sometime into the future?
If a merger were going to happen then I would expect an OEM agreement to be a likely next step.
Denali is gradually branching out of just verification IP so [...]
Bad News
Mentor - Lost $0.30/share on revenue of $179.2M with estimates of Q2 revenue at $173M and a loss of $0.23/share. Q1 is historically Mentor’s weakest quarter plus they exited the IP business.
Good News
Synopsys - Earned $0.27/share on revenue of $324.6M with estimates for next quarter at $343M on the top end. The strong EDA [...]
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Mentor Graphics has bid to acquire Flomerics after purchasing some 26% of their stock.
Flomerics has simulators for: Electronics Cooling, Engineering Fluid Dynamics, and Building HVAC. What I see is that 1/3rd of Flomerics products have a direct connection to EDA, namely Electronics Cooling.
My son purchased an ultimate gaming system last year and has often run into [...]
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