Siemens to buy Mentor Graphics in $4.5 billion cash deal
Germany-based engineering major Siemens has agreed to buy US-based Mentor Graphics in a $4.5 billion cash deal amid attempts to further enhance its industrial software capabilities. This will be Siemens' biggest acquisition since 2014. “The footprint of Mentor Graphics will allow us to reach a lot more customers,” Siemens software executive Chuck Grindstaff said.