Press Release
| November 30, 2011
Dewey & LeBoeuf Represents Synopsys in $507 Million Acquisition of Magma Design Automation
(SILICON VALLEY – November 30, 2011) – A team of lawyers from Dewey & LeBoeuf's Silicon Valley and New York offices represented Synopsys, Inc., a world leader in electronic design automation (EDA), on its definitive agreement to acquire Magma Design Automation Inc., a publicly traded provider of chip design software headquartered in San Jose, California, for more than $500 million.
The acquisition will add complementary technology offerings to Synopsys' portfolio.
The firm previously represented Synopsys on its October 2010 acquisition of Optical Research Associates, a privately held leading provider of optical design software and optical engineering services, and its February 2010 acquisition of CoWare Inc., a maker of electronic systems design software.
The Dewey & LeBoeuf team was led by Rick Climan and Jim Griffin with assistance from Eric Reifschneider, Domnick Bozzetti, Arthur Hazlitt, Harry Clark, Colin Greenspon, Melissa McDonough, Edric Itchon, Sophia Chen, William Kellogg, Michele Garcia and Jennifer Mariman.
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