Mentor buys Volcano.WILSONVILLE, OR -- Mentor Graphics Mentor Graphics, Inc (NASDAQ: MENT) is a US-based multinational corporation dealing in electronic design automation (EDA) for electrical engineering and electronics, as of 2004, ranked third in the EDA industry it helped create. Corp. has acquired Volcano Communications Technologies AB (VCT VCT Voluntary Counseling and Testing VCT Vinyl Composition Tile VCT Saint Vincent and the Grenadines (ISO Country code) VCT Venture Capital Trust (UK fiscal status) ). The acquisition includes the complete product line of Volcano's automotive networking series that contains network design tools, embedded software and test and validation tools for all major automotive networks. VCT provides the automotive industry with networking and data communication solutions for the development of in-vehicle networking systems. The company is a member of AUTOSAR AUTOSAR Automotive Open System Architecture , participating in the development of an open network communication standard for the automotive industry. Their customers include Audi, BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. , Daimler Chrysler, Volkswagen, Volvo, Ford, Fiat, PSA (Professional Services Automation) An information system designed to organize, track and manage all opportunities, work, resources, costs, revenues and invoices to improve the productivity and efficiency of the workforce. , Bosch, Delphi, Magneti Marelli, Siemens VDO and Visteon. "This is a natural step forward for VCT. We have been creating development tools and embedded software since 1998 but mainly focusing on the European marketplace," said Antal Rajnak, VCT's founder and CTO/vice president of R&D. "We are excited that, by joining Mentor Graphics, we will be expanding into the global automotive marketplace while combining our strong technologies into Mentor's automotive design flow." Mentor will continue to offer the full VCT product line. |
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