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+Vote!

Mentor sales decline, turns to loss in second quarter

The loss was due largely to a $15.3 million charge for in-process research and development, up from $4.1 million in last year’s second quarter. These charges are normal after an acquisition, and Mentor made two acquisitions during the second quarter: Flomerics, a British company, and Ponte Solutions, whose technology extends Mentor’s flagship product, Calibre.

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Mentor reduces loss in Q2, predicts Q3 profit

... of Ponte Solutions to extend the company's Calibre DFM product line. The company also acquired Flomerics, a provider of thermal simulation and analysis tools.