Sticking too long with proprietary hardware, and attempting a hostile takeover of the market leader in an area that Daisy was looking to expand, ultimately killed the company. Daisy Systems Corporation incorporated in 1981 in Mountain View, California, was a computer-aided engineering, CAE, company, a pioneer in the Electronic design automation (EDA) industry. Daisy along with Valid Logic Systems
and Mentor Graphics, collectively known as DMV, added front end design to the existing computer-aided design aspects of computer automation. It was a manufacturer of computer hardware and software for EDA, including schematic capture, logic simulation, parameter extraction and other tools for printed circuit board design and semiconductor chip layout. The company merged with Cadnetix Corp of Boulder, Colorado in 1988, with the resulting company then known officially as Daisy/Cadnetix, Inc. with the trade name DAZIX. It filed Chapter 11 bankruptcy in 1990 and was acquired by Intergraph later that year. Intergraph incorporated DAZIX into its EDA business unit, which was later spun off as an independent subsidiary named VeriBest, Inc. VeriBest was ultimately acquired by Mentor Graphics in late 1999.
