Magma expands in India

BANGALORE: Magma

Design Automation Inc., a provider of semiconductor design software,

announced that it has opened a new office in Noida.

It also plans to expand its operations to Bangalore as well.

These additions will enable Magma to take advantage of the availability of

engineering talent and provide additional support to its growing customer base

in India.

"An increasing number of IC design and semiconductor companies are

locating in Noida," said Magma president Roy E. Jewell. "To take

advantage of this growth, Magma has opened a research and development center in

Noida, and plans to double its R&D and applications engineering team in

India over the next 12 to 18 months."

"Magma's long-term strategy in India is to work within the industry and

with academia and the government to create a strong semiconductor market,"

says Anand Anandkumar, managing director of Magma Design Automation Pvt. Ltd.

"By expanding our presence in India, we're taking an important step toward

that long-term goal."

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