Magma Design Automation Inc., a provider of semiconductor design software, will expand operations in India and the United States.
Magma's Bangalore operation has moved to a new 40,000 sq. ft. facility. It opened a facility in Noida in 2006 and began operations in Mumbai as part of its November 2006 acquisition of Knights Technology. The company already has over 200 employees in India and these facilities will enable it to expand significantly and take advantage of the availability of world-class engineering talent and provide additional support to its growing customer base in India.
The company will relocate its corporate headquarters in San Jose as of March 12. The new San Jose facility will provide Magma a significant amount of additional space to accommodate its growth.
"India's growing semiconductor market, depth of technology talent and excellent university and government-sponsored engineering training programs make it an ideal location for Magma to expand," said Anand Kumar, MD, Magma Design Automation Pvt. Ltd.
"We are focused on building on the success we have had in IC implementation to expand our product portfolio to address applications such as circuit simulation and physical verification," said Rajeev Madhavan, chairman & CEO, Magma. "We are making investments in R&D, product engineering and applications engineering and presently have more than 800 employees worldwide. With the new facilities in India and San Jose, we can continue hiring talented engineers to develop products that fully address the RTL-to-silicon design flow and allow our users to reduce the turnaround time and costs of nanometer semiconductor design."
