News & Articles
- SofTech Agrees to Sell CADRA Product Line
SofTech today announced that it has agreed to sell its CADRA product line to Mentor Graphics Corporation for a purchase price of $3.2 million, plus potential earn-out payments of up to an additional $750,000 based on 10% of CADRA revenue generated by Mentor in the three year period following the closing.
Sept. 3, 2013 - Business Wire via Yahoo! Finance