Mentor turns down Cadence offer
EDA software maker Cadence Design Systems Inc has placed a bid for Mentor Graphics at an estimated value of $1.45 billion, but Mentor has rejected the offer.
Cadence said it would be willing to pay $16 in cash per share, a 30 percent premium to Mentor's Nasdaq closing price on Monday, according to a Reuters report.
Seho appoints new Technical Director
Thomas Herz is assuming the duties of Technical Director for the Selective Soldering Department at Seho Systems, effective immediately, the company announced today.
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