In March 2002, Mentor Graphics Corporation (Nasdaq: MENT) and IKOS Systems, Inc. (Nasdaq: IKOS) signed a definitive agreement calling for Mentor Graphics to acquire all outstanding shares of IKOS Systems. IKOS Systems, Inc. developed systems for the verification of complex electronic system designs. It had two primary product lines, hardware simulation acceleration and emulation. IKOS differentiates its verification solutions with three technologies, hardware acceleration, emulation hardware and software for compilation and integration of both emulation and acceleration hardware into the design flow. IKOS also provides services to customers to assist in the integration and deployment of IKOS solutions. The Company sells its products and services to a broad range of customers, including telecommunications, multimedia, semiconductor, computer, consumer electronics, and aerospace application segments. The Company's customers include Lucent Technologies, Motorola, NEC, STMicroelectronics, Siemens, LSI Logic and Texas Instruments.
