Sunday, December 11, 2011

eSilicon Recognizes Magma with 2011 Supplier of The Year Award

Magma® Design Automation Inc. (NASDAQ: LAVA), a provider of chip design software, announced today that it has received the eSilicon Corporation 2011 Supplier of the Year Award. Magma, an eSilicon technology and business partner since 2003, beat out a crowded field this past year by providing technology leadership, product quality, lowest total cost of ownership and excellent customer service.



“Magma is a company that is committed to its partners and its technology,” said Jack Harding, president and CEO of eSilicon. “From the beginning of the partnership, Magma has been remarkably responsive, helping us meet design milestones and deliver tapeouts. Its advanced software and world-class support have been instrumental in enabling us to achieve fast netlist-to-GDSII cycle times and high first-pass silicon success rates. It gives me great pleasure to acknowledge Magma’s contribution to our success.”



Magma received the award, presented annually to the eSilicon supply chain partner that has demonstrated excellence in collaborating with eSilicon and its customers, at a partner appreciation event December 7, 2011.


“While enabling our customers to achieve repeated silicon success is its own reward, it’s very gratifying to have the excellence of our technology and staff recognized by an industry leader such as eSilicon,” said Rajeev Madhavan, Magma’s chairman and CEO. “Our partnership with eSilicon is mutually beneficial. We rely on the eSilicon team to provide valuable feedback on our current solutions and strategic feedback as a beta user on our new technology. It is a great honor to receive this award and it will result in even tighter collaboration between our teams.”


About Magma



Leading semiconductor companies worldwide use Magma’s electronic design automation (EDA) software to produce chips for a wide variety of vertical markets including tablet computing, mobile devices, electronic games, digital video, networking, military/aerospace and memory. Silicon One, Magma’s technology solutions for emerging silicon, address time to market, product differentiation, cost and performance while making silicon more profitable. Magma products include software for digital design, analog implementation, mixed-signal design, physical verification, circuit simulation, characterization and yield management. The company maintains headquarters in San Jose, Calif., and offices throughout North America, Europe, Japan, Asia and India. Magma’s stock trades on Nasdaq under the ticker symbol LAVA. Follow Magma on Twitter at www.Twitter.com/MagmaEDA and on Facebook at www.Facebook.com/Magma. Visit Magma Design Automation on the Web at http://www.magma-da.com/.