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Mentor paid $5.3M for Taiwan EDA tool provider

Posted: 15 Aug 2006 ?? ?Print Version ?Bookmark and Share

Keywords:EverCad? Mentor Graphics? XX? XX? XX?

EverCad, the Taiwanese circuit simulation/analysis tool provider that Mentor Graphics Corp. quietly acquired early this year, carried a price tag of $5.3 million, according to a recent Mentor regulatory filing.

Mentor is currently integrating the EverCad technology into its analog/mixed-signal verification product family, according to the filing.

The company said recently that it had integrated EverCad's Adit fast-Spice simulation technology within the company's mixed-signal simulation platform, Advance MS.

EverCad was founded in 1998 to develop a simulation and analysis tool suite for analog, mixed-signal and SoC designs, according to data on the its website. The site claims that EverCadhad been profitable since 1999.

The regulatory filing also disclosed that the company paid $1.8 million in June 2005 to acquire certain assets of former rival Aptix Corp., which had been in Chapter 11 bankruptcy since 2004. EE Times reported in May 2005 that Mentor was on the verge of acquiring the company.

- Dylan McGrath
EE Times

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