With the Microsoft-Yahoo! drama fresh on everyone’s mind, Mike Fister and the Cadence board have finally done something that shows a bit of boldness, some imagination, and possibly some courage. Cadence has made a hostile takeover bid for Mentor Graphics.
Our third company in the EDA review is Mentor Graphics (MENT). As I said in the Cadence piece, if any company in the EDA industry is perfect for an LBO, it is Mentor Graphics. It has at least two excellent franchises – DFM and PCB design – and other players in the industry would be