Eager not to be left behind Mentor Graphics has acquired Nimbic Inc. (Mountain View, Calif.), a 2006 startup that provides electromagnetic simulation software and offers cloud-based parallelization for electromagnetic integrity analysis.
Nimbic is a good fit with Mentor (Wilsonville, Oregon) and the company ability to calculate complex 3D full-wave electromagnetic fields will expand and strengthen Mentor’s chip-package-board simulation portfolio. EDA industry veteran Raul Camposano has led Nimbic a CEO since the company's formation.
Mentor did not reveal how much it has spent on the acquisition although this number may emerge the company's next financial report, for 1Q14, due on May 22. Nimbic's customers include Texas Instruments, Renesas, Nvidia, Toshiba, Qualcomm and Panasonic, Mentor said.
"Nimbic's recognized solutions enable the industry to cope with increasingly higher-end complexity. We see joining Mentor Graphics as a natural fit with its own leadership in PCB and package systems design, global footprint, and extensive network of enterprise customers," said Camposano, in a statement issued by Mentor.
Mentor's buy joins a steady deal-flow that has seen Cadence Design Systems Inc. (San Jose. Calif.) acquire Jasper Design Automation for a purchase price of $170 million in cash and Forte Design Systems for an undisclosed sum of money. In February Synopsys moved to acquire Coverity, a provider of software quality, testing, and security tools in a deal worth about $375 million and in the same month Synopsys announced that it had bought Target Compiler Technologies (Leuven, Belgium), a pioneer of tools to create application-specific instruction processors (ASIPs), for an undisclosed amount of money.
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