In the third quarter of 2008 Mentor Graphics achieved sales of 184.9 million US$ which is 3 percent below that of the same period of the previous year. The net loss was 78.2 m US$. In Q3/2007 the loss was 8.8 million US$. Sales in the second quarter 2008 were 182.4 million US$ showed a net loss of 17.2 m US$.

In June Cadence made a purchase offer to Mentor worth 1.6 billion US% which was turned down. In October Mentor completely took over the English Flomerics Group. In 2007 Flomerics had a turnover of approximately 16.3 million GBP with a loss of 1.9 million GBP.