Mentor buys Valor

Mentor Graphics and Valor have signed a definitive merger agreement for Mentor Graphics to acquire Valor.

October 13 2009, 10:49 AM

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PCBUnder the terms of the agreement, which was approved by the boards of directors of both companies, Valor shareholders will receive a combination of Mentor Graphics common shares and cash for aggregate consideration equating to approximately $4.60 per Valor share.

The transaction is expected to close during the first calendar quarter of 2010, after which Valor will become a wholly-owned subsidiary of Mentor Graphics.

Stadium Group with revenues up 37% for 1H/2010

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Siplace benefits from boom in electronic production

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New business wins at JJS Electronics

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Dräxlmaier to lay off in Hungary

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Aros Quality buys TVAB

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Foxconn likely to speed up inland move in China

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Bree completes ISO audit

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Éolane and NCF join forces

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HP adds 700 jobs in Scotland

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Intersil and Avnet Memec sign distribution agreement

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Special effects on Machete get a little help from AMD

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Flextronics ups basic salary in China

EMSEMS-giant Flextronics has increased basic wages for its employees in southern China.

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