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  6. Magma Design Automation Acquires Aplus Design Technologies

M&A Deal Summary

Magma Design Automation Acquires Aplus Design Technologies

On June 30, 2003, Magma Design Automation acquired software company Aplus Design Technologies

Acquisition Highlights
  • This is Magma Design Automation’s 1st transaction in the Software sector.
  • This is Magma Design Automation’s 1st transaction in the United States.
  • This is Magma Design Automation’s 1st transaction in California.

M&A Deal Summary
Date 2003-06-30
Target Aplus Design Technologies
Sector Software
Buyer(s) Magma Design Automation
Deal Type Add-on Acquisition

Target

Aplus Design Technologies

Los Angeles, California, United States
Aplus Design Technologies provides logical and physical synthesis and prototyping software solutions for programmable logic devices (PLDs).

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Buyer(S) 1

Buyer

Magma Design Automation

San Jose, Arkansas, United States
Category Company
Founded 1997
Sector Technology Hardware
Employees201
DESCRIPTION

Magma Design Automation, Inc. is a provider of TektonTM, a next-generation timing analysis platform that offers significantly higher capacity and dramatically faster runtimes than traditional tools, without sacrificing accuracy. Tekton is the first static timing analysis solution to deliver fast multi-scenario analysis on a single CPU.

DEAL STATS #
Overall 1 of 10
Sector: Software M&A 1 of 8
Type: Add-on Acquisition M&A Deals 1 of 9
State: California M&A 1 of 7
Country: United States M&A 1 of 10
Year: 2003 M&A 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-21 Silicon Metrics

Austin, Texas, United States

Silicon Metrics Corp. develops EDA software products that accurately model the electrical behavior of silicon intellectual property for the semiconductor industry.

Buy $32M
Mergr

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