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    1. Defense Executive

    Software design/verification company Synopsys acquires Magma Design Automation, maker of chip design software

    Feb. 27, 2012
    MOUNTAIN VIEW, Calif., 27 Feb. 2012. Synopsys Inc. (Nasdaq:SNPS), a developer of software and IP used in the design, verification, and manufacture of electronic components and systems, has acquired Magma Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software in San Jose, Calif., for roughly $523 million to more rapidly meet the needs of leading-edge semiconductor designers for more sophisticated design tools.

    MOUNTAIN VIEW, Calif., 27 Feb. 2012. Synopsys Inc. (Nasdaq:SNPS), a developer of software and IP used in the design, verification, and manufacture of electronic components and systems, has acquired Magma Design Automation Inc. (Nasdaq:LAVA), a provider of chip design software in San Jose, Calif., for roughly $523 million to more rapidly meet the needs of leading-edge semiconductor designers for more sophisticated design tools.

    Magma's founder, Chairman, and CEO Rajeev Madhavan will not join Synopsys.

    About the Author

    Courtney Howard | Executive Editor

    Courtney, as executive editor, enjoys writing about all things electronics and avionics in PennWell’s burgeoning Aerospace and Defense Group, which encompasses Military & Aerospace Electronics, Avionics Intelligence, the Avionics Europe conference, and much more. She’s also a self-proclaimed social-media maven, mil-aero nerd, and avid avionics geek. Connect with Courtney at [email protected], @coho on Twitter, and on LinkedIn.

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