Mentor Graphics Polska Sp. z o.o Merge into Siemens Industry Software Sp. Z.o.o.


Reading time ( words)

Mentor Graphics Polska Sp. z o.o plans to merge into Siemens Industry Software Sp. Z.o.o. in the first quarter of 2022.

Therefore, the companies have jointly agreed on a Terms of Merger of Companies. The agreed Terms of Merger, after their publication, will be submitted to the competent register court of each respective company.

The merger will be executed by way of merger by acquisition, according to Article 492 (1) point 1 CCC, i.e., the transfer of all assets of the acquired company by way of universal succession, to the Acquiring Company. Upon the consent of the shareholder of both merging companies the merger procedure will be simplified by withdrawal from some non-obligatory stages, including examination of the terms of merger by the expert appointed by the register court and preparation of the report justifying merger by the Boards of both companies.

Having regard to the fact that the both merging companies have the same sole shareholder, i.a. Siemens Beteiligungen Europa GmbH, the planned merger will not change the shareholders’ structure of Siemens Industry Software sp. z o.o.

Execution of the merger will require amendment of the Articles of Association and increase of the share capital of the Acquiring Company (Siemens Industry Software sp. z o.o.) by establishing additional shares for Siemens Beteiligungen Europa GmbH in exchange for the assets of Mentor Graphics Polska sp. z o.o. being merged into Siemens Industry Software sp. z o.o.

The Boards of Mentor Graphics Polska sp. z o.o. and Siemens Industry Software sp. z o.o., pursuant to Article 500 (21) of the CCC publish on their websites the agreed Terms of Merger.

Share




Suggested Items

Altium Focusing on Educating Designers of Today and Tomorrow

05/19/2022 | I-Connect007 Editorial Team
We recently spoke with Rea Callender, Altium’s vice president of education, and Zach Peterson, founder of Northwest Engineering Solutions and a technical consultant for Altium’s educational programs. They discussed Altium’s curriculum—what drives the content development, the goals of their programs, and why there’s never been a better time to continue your PCB design education.

Pulsonix Collision Avoidance to Bring Mechanical Capabilities Into ECAD

05/19/2022 | I-Connect007 Editorial Team
The I-Connect Editorial Team recently spoke with Bob Williams, managing director of Pulsonix. He discussed some of the new features in the upcoming version of the Pulsonix PCB design tool, Version 12, including collision avoidance and other 3D options that allow certain MCAD functions within the ECAD environment.

Designing in a Vacuum Q&A: Mark Thompson

05/12/2022 | Andy Shaughnessy, Design007 Magazine
I-Connect007 Columnist Mark Thompson of Out of the Box Manufacturing has been in CAM engineering for decades, and he’s also worked as a PCB designer, so we knew he would have a few things to say about working in a vacuum. As he explains, the designer isn’t the only stakeholder in the process who feels like he’s working inside the dust bag of a Hoover upright.



Copyright © 2022 I-Connect007. All rights reserved.