Exhibit 21
List of Subsidiaries of the Company
Mentor Graphics Subsidiaries
Calypto Design Systems Inc.
EverCAD Software Corp.
Expert Dynamics Limited
Flomerics Group Limited
Flomerics India Private Limited
Flomerics Limited
Flomerics Nordic AB
Flowmaster (UK) Limited
Flowmaster France SARL
Flowmaster GmbH
Flowmaster Group N.V.
Flowmaster India Private Limited
Flowmaster Limited
Flowmaster USA, Inc.
Frontline P.C.B. Solutions Limited Partnership
Logicvision India Private Limited
Logicvision International Inc.
Mentor Graphics (Asia) Private Limited
Mentor Graphics (Asia) Private Limited, Hong Kong Branch
Mentor Graphics (Belgium) NV
Mentor Graphics (Canada) Limited
Mentor Graphics (Deutschland) GmbH
Mentor Graphics (Egypt)
Mentor Graphics (Espana) S.L.
Mentor Graphics (Finland) Oy
Mentor Graphics (France) SARL
Mentor Graphics (France) SARL, Italian Branch
Mentor Graphics (Holdings) Limited
Mentor Graphics (India) Private Limited
Mentor Graphics (Ireland) Austria Branch
Mentor Graphics (Ireland) French Branch
Mentor Graphics (Ireland) Limited
Mentor Graphics (Ireland) Taiwan Branch
Mentor Graphics (Ireland) UK Branch
Mentor Graphics (Israel) Limited
Mentor Graphics (Japan) Company Limited
Mentor Graphics (Netherlands Antilles) N.V.
Mentor Graphics (Netherlands) B.V.
Mentor Graphics (Sales and Services) Private Limited
Mentor Graphics (Scandinavia) AB
Mentor Graphics (Scandinavia) Denmark Branch
Mentor Graphics (Schweiz) AG
Mentor Graphics (Shanghai) Electronics Technology Company Limited
Mentor Graphics (UK) Limited
Mentor Graphics Development (Denmark) A/S
Mentor Graphics Development (Deutschland) GmbH
Mentor Graphics Development (Finland) Oy
Mentor Graphics Development (Ireland) Limited
Mentor Graphics Development (Shenzhen)
Mentor Graphics Development Crolles
Mentor Graphics Development Services (Israel) Limited
Mentor Graphics Development Services CJSC
Mentor Graphics Development Services Limited
Mentor Graphics Development Services Limited Moscow Branch
Mentor Graphics Development Services Limited St. Petersburg Branch
Mentor Graphics Magyarorszag kft
Mentor Graphics Morocco SARL
Mentor Graphics Pakistan Development (Private) Limited
Mentor Graphics Polska Sp. z o.o.
Mentor Korea Company Limited
Meta Systems SARL
MicReD kft
Nika GmbH
Nika Software OOO (Russia)
T.V. Holding A/S
Technical Software Marketing B.V.
Valor Computerized Systems Far East Limited
Valor Computerized Systems Inc.
Volcano Communications AB