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Magma Design Automation is a software company in the electronic design automation (EDA) industry. The company was founded in 1997 and maintains headquarters in San Jose, California. Magma software, intended to reduce the time required for engineers to design and produce complex integrated circuits (ICs), creates the physical layouts of ICs from their register transfer level (RTL) descriptions. Products are used in most major phases of IC development, including: synthesis, placement, routing, power management, circuit simulation and verification. Magma’s annual revenue is fourth-highest among companies in the EDA industry. As of 2007, major competitors are Cadence Design Systems, Synopsys and Mentor Graphics.
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