SYNOPSYS, which provides software and IP used in the design, verification and manufacture of electronic components and systems, will acquire Magma Design Automation.
Magma Design Automation provides chip design software and is headquartered in California.
According to the companies, the acquisition brings together their complementary technology, development and support capabilities, allowing the combined company to more rapidly meet customer requirements linked to chip designs at both leading-edge and mature process nodes.
Synopsys says the dramatic rise in complexity of today's semiconductor designs for all process nodes requires an equally dramatic increase in designer productivity.
It says its customers are now dealing with the very complex physics of 20-nanometer design or they are squeezing the last bit of performance and cost from designs at mature, high-value nodes. As such, EDA software needs to keep up with offered capabilities to ensure customers’ success.
Synopsys boosts EDA capabilities with acquisition Electronics News
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