Mentor Graphics and Valor sign definitive merger agreement

WILSONVILLE, Ore., 17 Oct. 2009. Mentor Graphics Corp. and Valor Computerized Systems Ltd. have signed a definitive merger agreement for Mentor Graphics to acquire Valor. Subject to satisfaction of regulatory requirements and approval of Valor shareholders, as well as certain closing conditions, 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.

Oct 17th, 2009

WILSONVILLE, Ore., 17 Oct. 2009. Mentor Graphics Corp. and Valor Computerized Systems Ltd. have signed a definitive merger agreement for Mentor Graphics to acquire Valor.

Subject to satisfaction of regulatory requirements and approval of Valor shareholders, as well as certain closing conditions, 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.

Mentor Graphics Corp. is a provider of electronic hardware and software design solutions, delivering products, consulting services and award-winning support for some of the world's most successful electronics and semiconductor companies.

Valor is a leading global provider of productivity improvement software solutions for the printed circuit board (PCB) manufacturing supply chain.

PCBs are the principal electronic interconnect technology used in the vast majority of electronic products sold today. Valor's solutions target three key segments in the PCB manufacturing market: design of the physical layout of the PCB, fabrication of the bare PCB, and assembly of PCB components.

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