Subject: Synopsys acquires Magma for $507 M cash, Rajeev's fate doubtful Magma just put out this press release at 4:45 EST today: SAN JOSE, Calif., Nov. 30, 2011 -- Magma Design Automation Inc. (LAVA), blah blah blah, today announced the company has entered into definitive agreement to be acquired by Synopsys (SNPS), blah blah blah... Under the terms of the merger agreement, Synopsys will acquire Magma for $7.35 per Magma share in cash, resulting in a transaction value of approximately $507 million net of cash and debt acquired. The closing of the merger is subject to customary conditions, including approval by Magma stockholders as well as U.S. regulators. Blah blah blah... My hat is off to Rajeev on this deal. From what my readers have been saying for the last 12 months on DeepChip, it's obvious that LAVA has been taking a painful chunk out of SNPS SPICE sales. Aart had to buy them to stop this. #2 on DAC Cheesy Must See - Magma Finesim takes Samsung from Synopsys http://www.deepchip.com/gadfly/gad060211.html Rumors of Synopsys SPICE losing to Magma FineSim at Samsung http://www.deepchip.com/items/0493-06.html Magma financial calls confirm Synopsys SPICE is losing to FineSim http://www.deepchip.com/wiretap/110909.html Synopsys appears trying to counter the Samsung/Magma SPICE rumor http://www.deepchip.com/wiretap/110808.html User sees Magma FineSim is 3x - 50x faster vs. Synopsys HSPICE http://www.deepchip.com/items/0490-01.html Magma FineSim vs. Synopsys HSPICE/CustomSim/HSIM/NanoSim/XA http://www.deepchip.com/items/0488-08.html Magma replies to Jim Hogan evaluation of the analog market http://www.deepchip.com/items/0487-08.html An interesting internal Synopsys slide; assuming that it exists http://www.deepchip.com/wiretap/110922.html Magma CHILL, Docea Aceplorer, Cyclos Cyclify as #4 hot tool at DAC http://www.deepchip.com/items/dac11-04.html Magma SiliconSmart, Nangate, Synopsys Cadabra, Prolific, Altos http://www.deepchip.com/items/0490-07.html What's the status of Cadence ETS, Magma Tekton, Extreme DA? http://www.deepchip.com/items/0487-02.html The DAC'10 users on Magma Tekton vs. Synopsys PrimeTime http://www.deepchip.com/items/dac10-09.html The DAC'10 users on Magma Titan vs. Cadence Virtuoso http://www.deepchip.com/items/dac10-10.html It's unclear whether or not Rajeev and his LAVA management staff are joining SNPS or will be suddenly "pursuing other opportunities", but with Aart's long running personal dislike of Rajeev, Venting about Aart vs. Rajeev EDAC'11 CEO "Forecast" Panel http://www.deepchip.com/wiretap/110407.html The Magma CEO was oddly missing from DAC'09 CEO panel http://www.deepchip.com/wiretap/090611.html Cooley predicts Synopsys-Magma lawsuit a draw; no win for SNPS http://www.deepchip.com/wiretap/070301.html Yup, I predicted Synopsys-Magma lawsuit outcome almost exactly! http://www.deepchip.com/items/0464-02.html many suspect that Rajeev, after a short transition period, will most likely be quietly let go from SNPS with a usual non-compete clause that keeps him out of EDA for the next 5 years. It'll be sad to see him go. - John Cooley DeepChip.com Holliston, MA P.S. I'd like to hear from my readers what they think of this SNPS-LAVA merger. Is it good news for you? Bad news? Neutral? And why do you think this? P.P.S. And say "Keep Me Anon" if you need to be anonymous.