Technical and Product Marketing Consultant
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 Mentor. I can see how the Mentor sales team could sell the Electronics Cooling tools, … Continued
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 them! Let’s see if Autodesk comes to the rescue of Flomerics. Flomerics has only one … Continued
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 is that 1/3rd of Flomerics products have a direct connection to EDA, namely Electronics Cooling. … Continued