Online information source for semiconductor professionals
Mentor Graphics acquires built-in-self-test specialist
Popular articles
New Product: Applied Materials new EUV reticle etch system provides nanometer-level accuracy - 19 September 2011
Oberai discusses Magma’s move into solar PV yield management space - 29 August 2008
â??Velocityâ?? the new buzzword in Intelâ??s PQS annual awards - 12 April 2012
Applied Materials adds Jim Rogers to Board of Directors - 29 April 2008
New Product: ASML Brionâ??s Tachyon MB-SRAF enables OPC-like compute times - 19 September 2011
LogicVision, a built-in-self-test technology specialist is to be acquired by Mentor Graphics for approximately US$13 million. The transaction has been structured as a stock-for-stock reverse triangular merger whereby a wholly owned subsidiary of Mentor Graphics will merge with and into LogicVision, with LogicVision surviving the merger as a wholly owned subsidiary of Mentor Graphics.
LogicVision had revenues of US$3.1 million in the first quarter of 2009 with a net loss of US$104,000. Its current order backlog stood at US$17.4 million as of March 31, 2009.