EXHIBIT 23



Consent of Accountants


The Board of Directors and Shareholders
Mentor Graphics Corporation:



We consent to incorporation by reference in the registration statements on
Form S-8 (Nos. 33-11291, 33-18259, 2-90577, 33-30036, 2-99251, 33-30774,
33-57147, 33-57149 and 33-57151) and on Form S-3 (Nos. 33-52419 and 33-56759)
of Mentor Graphics Corporation and subsidiaries of our reports dated January
31, 1995, relating to the consolidated balance sheets of Mentor Graphics
Corporation and subsidiaries as of December 31, 1994 and 1993 and the related
consolidated statements of operations, cash flows and stockholders' equity
and related schedules for each of the years in the three-year period ended
December 31, 1994, which reports appear or are incorporated by reference in
the December 31, 1994 annual report on Form 10-K of Mentor Graphics
Corporation and subsidiaries.  Our reports refer to a change in the method 
of accounting for income taxes.




                      					   KPMG PEAT MARWICK LLP



Portland, Oregon
March 30, 1995