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This actually makes a lot of sense. Siemens has a number of different hardware systems and Mentor Graphics could provide a better solution for them as they work
by josh_carterPDX 10y ago
This actually makes a lot of sense. Siemens has a number of different hardware systems and Mentor Graphics could provide a better solution for them as they work to transition away from hardware.
Avaya struggled with this in the telecom space and are struggling to survive. Siemens' telecom gear is a distant 3rd to Avaya and Cisco, but if they can do what both of them have been unable to do up to this point, they may be able to gobble up some market share in the enterprise communication space on top of their other hardware solutions.
- currysausage 10y ago> Siemens' telecom gear Siemens hasn't been active in the telecom space for a while, they gave up on this business more than 10 years ago. Unify, formerly Siemens Enterprise Communications (majority-owned by Gores Group since 2008), has been a 100 % subsidiary of Atos for over a year now.
- josh_carterPDX 10y agoAh you're right. Totally forgot about that. Thanks for clarifying. :)
- jamez1 10y agoThat doesn't mean it makes sense - what synergies do Siemens have that justify them purchasing mentor instead of giving the money to the shareholders through a dividend, and letting them purchase Mentor if they felt it worthwhile?