Mentor Graphics Acquires Oasys RealTime, Terms Not Disclosed

Mentor Graphics Corp. (NASDAQ:

) today announced that it has acquired certain assets of Oasys Design Systems, Inc., creator of the Oasys RealTime RTL physical synthesis platform. The Oasys RealTime™ product helps SoC/ASIC design teams to realize improved quality of results and faster turnaround time for today's complex SoCs, ASICs, and IP blocks. This acquisition aligns with Mentor's goal to deliver a best-in-class digital implementation platform to address the performance, power and area (PPA) challenges at advanced nodes. Terms of the transaction were not disclosed. Oasys Design Systems is a privately held company founded by a team of RTL synthesis veterans with decades of experience delivering successful synthesis products.