Magma Design Automation

Short description: Former electronic design automation company

Magma Design Automation

Headquarters at Santa Clara, California

Type| Public
Industry| Software & Programming
Fate| Acquired by Synopsys
Founded| April 1, 1997; 29 years ago (1997-04-01) in Mountain View, California
Founder|

* Lukas van Ginneken
* Rajeev Madhavan
* Hamid Savoj
* Karen Vahtra

Defunct| February 22, 2012 (2012-02-22)
Headquarters| San Jose, California

Key people

* Rajeev Madhavan (CEO)
* Roy Jewell, President

Revenue| $139.3 million United States dollar (FY 2011)

Number of employees

| 696 (1 May 2011)
Website| www.magma-da.com

Magma Design Automation was a software company in the electronic design automation (EDA) industry. The company was founded in 1997 and maintained headquarters in San Jose, California , with facilities throughout North America, Europe and Asia. Magma software products were used in major elements of integrated circuit design, including: synthesis, placement, routing, power management, circuit simulation, verification and analog/mixed-signal design.

Magma was acquired by Synopsys in a merger finalized February 22, 2012 at a cash value of about $523 million, or $7.35 per share.[1]

## Contents

* 1 History
* 1.1 Patent Dispute
* 2 Synopsys Acquisition
* 3 References
* 4 External links

## History

Magma was founded in 1997 by a team including Rajeev Madhavan, who was chairman, CEO and president from the company's inception.[2] The company initially competed primarily with Cadence and Avanti Corporation in physical design but eventually broadened its product portfolio and competed with all three of the largest established EDA companies: Cadence, Mentor Graphics and Synopsys.[3] Magma had a particularly strong presence in the convergence device segment through key customers such as Qualcomm, Broadcom and Texas Instruments.[4] In 2001 Roy Jewell joined Magma as chief operating officer and later that year added the title of president.[5]

Magma completed an initial public offering on Nasdaq, under the ticker symbol LAVA, on November 20, 2001[6] — the last EDA company to go public[7] — and achieved its peak annual revenue of $214.4 million in its 2008 fiscal year.[8] Magma was the fourth largest EDA company by revenue.[9]

In 2002 Magma was named to the Red Herring 100 for innovation and business strategy.[10] In 2005 Forbes ranked Magma No. 2 on its list of fastest-growing technology companies.[11]

### Patent Dispute

Magma was involved in a legal dispute with Synopsys beginning in September 2004, when Synopsys sued Magma for allegedly infringing two patents.[12] Claims and counter-claims accelerated, resulting in separate court cases in California and Delaware, and a number of disputed patents. On March 29, 2007, Magma and Synopsys announced the companies had agreed to settle all pending litigation between them. As part of the settlement Magma made a $12.5 million payment to Synopsys and each company cross-licensed four previously disputed patents to the other.[13]

## Synopsys Acquisition

On November 30, 2011, Magma and Synopsys announced they had entered into a definitive agreement by which Synopsys would buy Magma for $507 million US$.[14] The merger was finalized on February 22, 2012, with cash value of the transaction at about $523 million, or $7.35 per Magma share.[15]

## References

1. ↑ "Synopsys Completes Acquisition of Magma Design Automation,” February 22, 2012 [1]
2. ↑ Securities and Exchange Commission Form S-1, Amendment No. 7, November 19, 2001, (page 49) [2]
3. ↑ EDA Confidential, July 14, 2005
4. ↑ “EDA Industry Update,” March 24, 2009
5. ↑ Securities and Exchange Commission Form S-1, Amendment No. 7, November 19, 2001, (page 49) [3]
6. ↑ “Magma IPO up 46%”, CNN Money, November 20, 2001
7. ↑ "The First EDA IPO in a Decade," Seeking Alpha, May 16, 2011
8. ↑ “Magma Reports Revenue of $214.4 million for Fiscal 2008, 20.4 Percent above Prior Year,” May 1, 2008 at SEC archive [4]
9. ↑ Based on Annual Reports on Form 10-K filed with U.S. Securities and Exchange Commission
10. ↑ “Magma Named to the Red Herring 100; Recognized by Red Herring Editors for Innovation and Business Strategy,” May 13, 2002 [5]
11. ↑ “Technology’s Growth Champs,” Forbes, February 14, 2005
12. ↑ ”Synopsys sues Magma for patent infringement,” EE Times, September 17, 2004 [6]
13. ↑ ”Patent resolution removes cloud over Magma,” EE Times, March 30, 2007
14. ↑ Dylan McGrath (30 Nov 2011). "Synopsys to buy Magma for $507 million". EETimes. http://www.eetimes.com/electronics-news/4231034/Synopsys-to-buy-Magma-for--507-million.
15. ↑ "Synopsys Completes Acquisition of Magma Design Automation,” February 22, 2012 [7]

## External links

* Magma homepage

* v
* t
* e

Programmable logic

Concepts|

* ASIC
* SoC
* FPGA
* Logic block
* CPLD
* EPLD
* PLA
* PAL
* GAL
* PSoC
* Reconfigurable computing
* Xputer
* Soft microprocessor
* Circuit underutilization
* High-level synthesis
* Hardware acceleration

Languages|

* Verilog
* A
* AMS
* VHDL
* AMS
* VITAL
* SystemVerilog
* DPI
* SystemC
* AHDL
* Handel-C
* PSL
* UPF
* PALASM
* ABEL
* CUPL
* OpenVera
* C to HDL
* Flow to HDL
* MyHDL
* JHDL
* ELLA

Companies|

* Accellera
* Actel
* Achronix
* AMD
* Aldec
* Atmel
* Cadence
* Cypress
* Duolog
* Forte
* Intel
* Altera
* Lattice
* National
* Mentor Graphics
* Microsemi
* Signetics
* Synopsys
* Magma
* Virage Logic
* Texas Instruments
* Tabula
* Xilinx

Products|

| Hardware|

* iCE
* Stratix
* Virtex

|

Software|

* Intel Quartus Prime
* Xilinx ISE
* Xilinx Vivado
* ModelSim
* VTR
* Simulators

IP|

| Proprietary|

* ARC
* ARM Cortex-M
* LEON
* LatticeMico8
* MicroBlaze
* PicoBlaze
* Nios
* Nios II

|

Open-source|

* JOP
* LatticeMico32
* OpenCores
* OpenRISC
* 1200
* RISC-V
* Zet

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