NOW MENTOR GRAPHICS SNAPS UP PRECEDENCE INC

Wilsonville, Oregon-based Mentor Graphics Corp, in process of buying VRTX developer Microtec Research Inc, has quitely eaten Precedence Inc of Santa Clara. Mentor Graphics will transfer all its internal FlexSim backplane technology to Precedence,effectively creating a worldwide centre of simulation integration expertise. Precedence will operate as a wholly owned subsidiary, with headquarters remaining in Santa Clara. No financial details of the share swap were given.

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