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Magma Design Automation develops software for electronic design automation (EDA), enabling integrated circuit designers to meet critical time-to-market objectives, improve chip performance and handle multimillion-gate designs. With headquarters in Silicon Valley and a global network of sales & support personnel, Magma customers include leading semiconductor companies around the world.
Magma Design Automation provides electronic design automation (EDA) software that enables chip designers to meet critical time-to-market objectives, improve chip performance and handle multimillion-gate designs. Magma’s complete RTL-to-GDSII design flows include design planning, prototyping, synthesis, test, place & route, signal and power integrity chip design capabilities in a single executable. Magma’s software also includes products for custom/mixed-signal designs, physical verification, capacitance extraction; circuit simulation; characterization and modeling; and CAD navigation.
The companies fiscal year ends beginning of April (different dates each year). The company is reporting according to the US GAAP standard. Reporting currency is USD.
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Main competitors are Cadence Design Systems (CDNS), Mentor Graphics (MENT), and Synopsys (SNPS). ANSYS (ANSS) which is a leading engineering software supplier aquired Ansoft (ANST) a developer of EDA software in July 2008.