I had to laugh out loud when I read the press release where Cadence blames Mentor for their own failed bid.
Even more laughable was Mentor’s feigned “shock” at Cadence withdrawing their hostile bid. I’m 100% certain that there is joy and partying going on at Mentor in Wilsonville as I type these words.
I blogged earlier that this deal wasn’t going to happen and the Cadence was going to blame weak finances.
I still predict that Michael Fister will be ousted or soon leave Cadence to “pursue other interests”.