Mentor Graphics Corporation (MENT)

Siemens EDA develops electronic design automation software and hardware solutions. It offers products and services in the areas of electronic design that includes IC physical design, IC manufacturing, IC test and lifecycle solutions, IC logic verification, hardware-assisted verification, and electronic systems and PCB design; manufacturing that includes manufacturing operations, assembly process planning software, electronics assembly and test, and contract and part manufacturing; lifecycle management that includes application lifecycle management, product lifecycle management, automation engineering framework, and enterprise software integration; and software development and IoT that includes embedded software, networks and tools, software and tools for processors, low code application development, IoT as service solutions, and software development toolkits. The company serves consumer products and retail, marine, electronics and semiconductors, medical devices and pharmaceuticals, aerospace and defense, energy and utilities, small and medium businesses, automotive and transportation, industrial machinery, and heavy equipment industries. Siemens EDA was formerly known as Mentor Graphics Corporation and changed its name to Siemens EDA in January 2021. The company was founded in 1981 and is based in Plano, Texas. As of March 30, 2017, Siemens EDA operates as a subsidiary of Siemens Aktiengesellschaft.