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, 33-57151 and 33-64717) and on Form S-3 (Nos. 33-52419,
33-56759, 33-60129 and 333-277) of Mentor Graphics Corporation and
subsidiaries of our report 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 for each of the years in
the three-year period ended December 31, 1994, which report appears in the
December 31, 1994 annual report on Form 10-K/A Amendment No. 1 of Mentor
Graphics Corporation and subsidiaries. Our report refers to a change in the
method of accounting for certain investments in debt and equity securities
and income taxes.


                                    KPMG PEAT MARWICK LLP


Portland, Oregon
March 13, 1996