O'Melveny Represents Berkeley Design Automation in Agreement to be Acquired by Mentor Graphics



Julie Fei
O’Melveny & Myers LLP                                      

Piper Hall
O’Melveny & Myers LLP

SILICON VALLEY ─ March 21, 2014 ─ O’Melveny & Myers LLP is representing Berkeley Design Automation, Inc., a recognized leader in nanometer circuit verification for analog, mixed-signal, RF, and custom digital verification, in its agreement to be acquired by Mentor Graphics Corp., a leader in electronic design automation.

The O’Melveny team was spearheaded by partners Warren Lazarow and Brian Covotta.

O’Melveny is a leading firm in the electronic design automation (EDA) sector, having handled more than 40 M&A transactions in the space over the past 10 years. The Firm’s work led by Lazarow and Covotta includes the acquisition of Sierra Design Automation by Mentor Graphics; the acquisition of Brion Technologies by ASML; the acquisitions of Clear Shape Technologies, CommandCAD, Q Design Automation, and Taray by Cadence Design Systems; the acquisitions of Knights Technology and Mojave Design by Magma Design Automation; and the acquisitions of ArchPro Design Automation, Everest Design Automation, InnoLogic, Magma Design Automation, and VaST Systems by Synopsys.

About O’Melveny & Myers LLP
With approximately 800 lawyers in 16 offices worldwide, O’Melveny & Myers LLP helps industry leaders across a broad array of sectors manage the complex challenges of succeeding in the global economy. We are a values-driven law firm, guided by the principles of excellence, leadership, and citizenship. Our commitment to these values is reflected in our dedication to improving access to justice through pro bono work and championing initiatives that increase the diversity of the legal profession. For more information, please visit www.omm.com

The following press release was issued by Mentor Graphics:

Mentor Graphics Acquires Berkeley Design Automation to Advance Nanometer Analog/Mixed-Signal Verification

WILSONVILLE, Ore., March 21, 2014 – Mentor Graphics Corp. (NASDAQ: MENT) today announced that it has acquired Berkeley Design Automation, Inc. (BDA), a recognized leader in nanometer analog, mixed-signal, and RF circuit verification. With over one hundred customers worldwide, BDA uniquely addresses nanometer circuit design challenges via its Analog FastSPICE™ unified verification platform and exceptional vertical-application expertise. The acquisition of BDA aligns with Mentor’s goal to deliver technologies with superior performance and automation for the growing challenges of Analog/Mixed-Signal (AMS) verification.

“BDA has built an outstanding reputation helping nanometer-scale analog, mixed-signal, and RF design teams rigorously verify and characterize leading-edge circuits,” said Ravi Subramanian, president and CEO of Berkeley Design Automation. “With Mentor’s outstanding market reach and our combined technology portfolio, we look forward to providing world-class solutions to the entire AMS design community.”

“Tight integration between best-in-class tools, strong foundry partnerships and impeccable engineering work were the criteria used in our decision to acquire BDA,” said Robert Hum, vice president and general manager, DSM division at Mentor. “When complex analog and mixed-signal circuits are designed for nanometer geometries, the verification tools must have the capacity, capability and performance to enable designers to predictably and reliably solve increasingly tough verification problems. Joining forces with BDA gives our mutual customers the most advanced tools that deal with the growing number of nanometer-scale physical effects that design teams are facing. The BDA AFS Platform combined with Mentor’s proven AMS verification tools, Eldo® Classic, Eldo Premier, ADit™ and our leading AMS verification platform, Questa® ADMS, creates the industry’s most powerful portfolio of solutions for addressing nanometer circuit verification challenges.”

“Bessemer Venture Partners is excited by Mentor’s acquisition of BDA,” said Umesh Padval, Partner at Bessemer Venture Partners. “BVP backs great entrepreneurs who lead transformative startups - and BDA certainly fits that strategy. We are proud of BDA's success, and we believe the combination with Mentor will create the industry's most powerful mixed-signal verification technology business with critical scale and a large market reach.”

About Berkeley Design Automation
Berkeley Design Automation, Inc. is the recognized leader in nanometer circuit verification. The company combines the world’s fastest nanometer circuit verification platform, Analog FastSPICE, with exceptional application expertise to uniquely address nanometer circuit design challenges. More than 100 companies rely on Berkeley Design Automation to verify their nanometer-scale circuits. Berkeley Design Automation was recognized as one of the 500 fastest growing technology companies in North America by revenue in 2011 and again in 2012 by Deloitte. For more information, visit http://www.berkeley-da.com.

Mentor Graphics, Mentor, Berkeley Design, BDA, Questa and Eldo are registered trademarks and ADiT and FastSPICE are trademarks of Mentor Graphics Corporation. All other company or product names are the registered trademarks or trademarks of their respective owners.

About Mentor Graphics
Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world’s most successful electronic, semiconductor and systems companies. Established in 1981, the company reported revenues in the last fiscal year in excess of $1.15 billion. Corporate headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentor.com.