Flomerics Accepts Mentor Bid
Mentor’s latest cash offer was accepted today by the board at Flomerics. It’s likely that the Flomerics CEO and vocal staff will not make the transition into… Read More »Flomerics Accepts Mentor Bid
Mentor’s latest cash offer was accepted today by the board at Flomerics. It’s likely that the Flomerics CEO and vocal staff will not make the transition into… Read More »Flomerics Accepts Mentor Bid
Mentor just extended their cash offer to buy Flomerics at a value of just 1.2X historic revenue, however they still don’t want to be acquired. Good for… Read More »Flomerics said no, twice!
Flomerics management is urging shareholders to reject the bid by Mentor Graphics, and this reminds me of when Mentor tried to acquire Quickturn.
Mentor Graphics has bid to acquire Flomerics after purchasing some 26% of their stock. Flomerics has simulators for: Electronics Cooling, Engineering Fluid Dynamics, and Building HVAC. What I see… Read More »EDA hostility