Key Developments For LogicVision, Inc.
LogicVision, Inc. Appoints Dean M. Freed As President-Form 8-K
LogicVision, Inc. reported in its Form 8-K that on August 18, 2009, Dean M. Freed is appointed as the President of the Company.
Mentor Graphics Corporation Acquires LogicVision, Inc.
Mentor Graphics Corporation and LogicVision, Inc. announced that LogicVision stockholders have voted to approve, and the parties have closed, the previously-announced merger. Former LogicVision stockholders will receive 0.2006 share of Mentor Graphics common stock in exchange for each share of LogicVision common stock. LogicVision resources will be fully integrated into the Silicon Test Solutions group within the Mentor Design-to-Silicon division. Terms of the transaction were not disclosed.
LogicVision, Inc. Withdraws FY 2009 Guidance
LogicVision, Inc. announced that in light of the proposed acquisition of LogicVision by Mentor Graphics, LogicVision will not be hosting an earnings call regarding second quarter 2009 results, and LogicVision is withdrawing its previous 2009 guidance and will not be providing guidance for the third quarter of 2009.
LogicVision, Inc.'s Memory BIST & Automated Diagnosis Solutions Included by TSMC in Its Advanced Embedded Memory Development Program and QA Flow
LogicVision, Inc. announced that Taiwan Semiconductor Mfg. Co. Ltd., a semiconductor foundry, has included its ETMemory memory Built-In Self-Test (BIST) and Silicon Insight memory diagnostic solutions in TSMC's Memory development and QA procedures. ETMemory is a key component of LogicVision's Dragonfly Test Platform and provides TSMC with an advanced memory BIST IP and insertion automation solution. Silicon Insight, another Dragonfly test platform component, enables automated and interactive diagnosis and characterization of memories tested with ETMemory BIST.
Mentor Graphics Corporation And LogicVision, Inc. Sign Definitive Merger Agreement
Mentor Graphics Corporation and LogicVision, Inc. announced the two companies have signed a definitive merger agreement pursuant to which Mentor Graphics will acquire LogicVision. Under the terms of the agreement, which was approved by the Boards of Directors of both companies, LogicVision stockholders will receive 0.2006 of a share of Mentor Graphics common stock for each share of LogicVision, for aggregate consideration of approximately $13 million (as of May 7, 2009).
