MCADCafe Weekly Review December 5th, 2016

Siemens Goes ECAD With Mentor Graphics Acquisition
December 1, 2016  by Jeff Rowe

By acquiring one of ECAD’s giants, Mentor Graphics, Siemens continues to round out its design capabilities far beyond its MCAD roots as part of its Vision 2020 quest. Siemens says the acquisition is an extension of “shaping the Digital Industrial Enterprise by expanding its portfolio for industrial software.”

Under terms of the agreement, Siemens will acquire Mentor for $37.25 per share in cash, which represents a value of $4.5 billion. The offer price represents a 21% premium to Mentor’s closing price on November 11, 2016, the last trading day prior to the announcement.

Siemens Logo

Major Mentor shareholder Elliott Management has committed to support the transaction. In many ways, I don’t think Mentor had much of a chance of fending off the acquisition, as its profits were minuscule (and had been for some time), and got strong-armed by Elliott who owns a good chunk (~8%) of Mentor. By the way, Elliott blessed the offer.

Elliott Management, run by billionaire Paul Singer, said when it raised its stake it saw numerous opportunities to boost Mentor’s “deeply undervalued” shares and had started talks with the company’s management and board. According to the company, the acquisition is a “great outcome” for Mentor shareholders as the company will benefit from Siemens’s increased scale and greater resources.

Mentor Graphics Logo

The acquisition extends Siemens’ Digital Enterprise Software portfolio with Mentor’s electronics IC and systems design, simulation, and manufacturing software – capabilities essential for smart connected products, such as autonomous vehicles.

5 Myths about your SOLIDWORKS Network License Manager
November 29, 2016  by Amee Meghani, Applications Engineer

solidworks network licenseLet’s talk about your SOLIDWORKS network license and debunk those myths with facts. Which one of these 5 are you guilty of believing?

You accidentally received extra licenses (yassss!).

Not true.  Only once in 5 years have I seen SOLIDWORKS write an incorrect license file.  The way licenses are listed in the SNL can be misleading.  Suppose you have a network license containing 1 Professional License and 1 Standard license.  The SNL will show 1 Professional License and 2 Standard Licenses. Why?  Because when you are pulling a Professional license, the license manager is releasing a Standard license and the Professional ADD-INS.  So really the license manager listing should read “Professional ADDINS”, rather than “Professional”.  You cannot pull a Professional or Premium license without pulling a Standard license.

You don’t have the ability to use SOLIDWORKS on your home computer.



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