April 07, 2008
A Busy Day for Magma Design Automation
Please note that contributed articles, blog entries, and comments posted on EDACafe.com are the views and opinion of the author and do not necessarily represent the views and opinions of the management and staff of Internet Business Systems and its subsidiary web-sites.
Jack Horgan - Contributing Editor


by Jack Horgan - Contributing Editor
Posted anew every four weeks or so, the EDA WEEKLY delivers to its readers information concerning the latest happenings in the EDA industry, covering vendors, products, finances and new developments. Frequently, feature articles on selected public or private EDA companies are presented. Brought to you by EDACafe.com. If we miss a story or subject that you feel deserves to be included, or you just want to suggest a future topic, please contact us! Questions? Feedback? Click here. Thank you!


What is the price point for Titan?
We have not disclosed that.

What did Sabio charge for its product?
They have not disclosed that.

How large a company was Sabio when Magma acquired it?
9 people

How large a customer base did Sabio have?
We have announced one of their customers which is MEI (Matsushita Electric Industrial Company Ltd). There are several more. Currently there are less than a dozen Sabio customers working on the Titan platform, 9 or 10.

Any beta sites?
We have not disclosed any beta sites. The only customer name that came out in this entire process is Matsushita.

Recent EDA Acquisitions
There were two major EDA acquisitions at the end of March.

On March 31st ANSYS, Inc announced a definitive agreement to acquire Ansoft Corporation for a purchase price of approximately $832 million of which $416 million will be in cash. The boards of director of both firms have approved the transaction. Ansoft will be become a wholly owned subsidiary. The firms had combined trailing 12-month revenue of $485 million. The firms will have about 1,700 employees. Both firms are headquartered in the Pittsburgh, Pennsylvania area. For ANSYS, a leading MCAE (Mechanical Computer Aided Engineering) company this will be its first foray into EDA. In the past few years ANSYS has acquired several MCAE companies including Fluent and Harvard Thermal in 2006 and Century Dynamics Inc (CDI) in 2005. Ansoft will increase ANSYS’ annual revenue by about 25%.

                                                               

$K

2007

2006

Delta

Ansoft

 

 

 

Revenue

98,014

85,299

15%

Earnings

23,545

20,583

14%

ANSYS

 

 

 

Revenue

385,340

263,640

46%

Earnings

82,392

14,156

482%



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-- Jack Horgan, EDACafe.com Contributing Editor.


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  • Re: A Busy Day for Magma Design Automation January 22, 2020
    Reviewed by 'Huizhou'
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    <td width="997">Thanks for sharing the useful information. It was really amazing and very informative. Keep sharing more article.</td>
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  • Cool product is iif becomes widely acceptable *DELETED* April 07, 2008
    Reviewed by 'Mike Chandler'
    Post deleted by ibsystems

      2 of 4 found this review helpful.
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