 | |
 Headquarters at Santa Clara, California | |
| Company type | Public |
|---|---|
| Industry | Software & Programming |
| Founded | April 1, 1997 in Mountain View, California |
| Founder |
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| Defunct | February 22, 2012 |
| Fate | Acquired by Synopsys |
| Headquarters | San Jose, California |
Key people |
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| Revenue | $139.3 million USD (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]