PLANO, TX – Siemens today closed its acquisition of Mentor Graphics. The EDA company is now part of Siemens' product lifecycle management (PLM) software business.

SCOTTSDALE, AZ – IC Insights raised its worldwide IC market growth forecast for 2017 to 11%, more than twice its original 5% outlook on an improved outlook for DRAM and NAND flash memory.

MUNICH -- Siemens' pending acquisition of Mentor Graphics could be completed as soon as today and will almost assuredly close before Mar. 31, according to filings with the US Securities and Exchange Commission.

TAIPEI -- The global smartphone market, which has been experiencing slowing growth and intensifying competition, has become an even tougher environment because of recent sharp rises in component prices.