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Thermal imaging company Flir Systems has created a role for a former Mentor Graphics higher-up. Flir hired former Mentor Graphics executive Paul Sale for the newly created role of senior vice president and chief human resources officer. Sale’s jump from Mentor, where he was most recently chief human resources officer, is of note since Mentor is integrating into its new owner, German industrial giant Siemens.
As expected , the $4.5 billion deal between Wilsonville-based Mentor Graphics and German industrial giant Siemens has closed today. The 1981 founding of Mentor, by a trio of ex-Tektronix employees , built a software company in Oregon while the region was still heavy into hardware. Under the new owners the business will be part of Siemens’ Product Lifecycle Management software business unit, within the company’s Digital Factory Division.
The pending acquisition of Mentor Graphics by Siemens cleared a final regulatory hurdle this week setting the stage for Oregon’s largest software company to become part of the German industrial conglomerate on Thursday. The acquisition already received approval from several other government regulators, including the U.S., as well as Mentor shareholders, who approved the deal on Feb. 2. In November Wilsonville-based Mentor (MENT) said it agreed to be acquired by Siemens in a $4.5 billion transaction.