EDA M&A Scoop: Magma buys Rio Design for IC and package co-design
Magma Design Automation has acquired IC and package co-design tool vendor Rio Design Automation, EDN has learned.
A company official at Magma confirmed that the company has indeed acquired Rio, but said Magma is not disclosing the terms of the agreement, as the acquisition price is considered an immaterial amount. The deal brings 10 new employees and a tool called RioMagic to Magma, which allows users to design an IC and package concurrently and make "packaging-aware" adjustments to their IC designs or make adjustments to a package to accommodate a change in an IC design. The tool was a finalist for an award at EDN’s 2006 Innovation of the Year ceremony.
The RioMagic technology will seemingly help round out Magma’s Talus implementaiton suite. Magma rivals Cadence Design Systems and Synopsys already have similar technologies in their respective implementation tool offerings.
Both Magma and Cadence Design Systems were early invstors and partners in Rio, and Magma OEMed RioMagic as did Zuken. Magma’s president and CEO, Rajeev Madhavan also was on Rio’s Board of Directors.
Other directors included Robi Dutta, Rio’s Chairman; Kaushik Sheth, Rio’s President and CEO; Charlie Huang, corporate vice president at Cadence Design Systems; Zuken COO Jinyu Katsube, and noted EDA angel investor and Sun Micro-cofounder Andy Bechtolsheim.
Further terms of the agreement were not disclosed.
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