Magma Acquires Knights Technology, Gains Tighter Links to IC Fabrication

Released on = November 21, 2006, 11:33 pm

Press Release Author = PRHUB

Industry = Semiconductors

Press Release Summary = Magma Design Automation Inc, a provider of chip design
solutions has acquired Knights Technology, a provider of yield management and
failure analysis software solutions to the semiconductor industry from
FEI Company .

Press Release Body = Magma Design Automation Inc. (Nasdaq: LAVA), a provider of chip
design solutions, announced today it has acquired Knights Technology from FEI
Company (Nasdaq: FEIC). Knights Technology is a provider of yield management and
failure analysis software solutions to the semiconductor industry and its products,
employees and management team will be part of Magma's Fab Analysis Business Unit.

The acquisition is expected to enable a tighter integration between Magma's design
software and semiconductor manufacturing. Magma plans to bring design intent into
Knights' industry-leading CAD navigation tools, enabling product engineers to
analyze manufactured ICs for both systematic and parametric defects. Magma also
intends to leverage Knight's yield management presence in the fab and to partner
with semiconductor manufacturers to calibrate Magma's process models for improved IC
design implementation.

Terms of the transaction were not announced, but Magma expects sales of the Knights
Technology products will contribute approximately $1.5 million to Magma's total
revenue for the remainder of the company's fiscal year after purchase accounting
adjustments, and that the transaction will be accretive immediately.

About Magma Design Automation
Magma\'s software for integrated circuit (IC) design is recognized as embodying the
best in semiconductor technology. The world's top chip companies use Magma\'s EDA
software to design and verify complex, high-performance ICs for communications,
computing, consumer electronics and networking applications, while at the same time
reducing design time and costs. Magma provides software for IC implementation,
analysis, physical verification, characterization and programmable logic design, and
the company\'s integrated RTL-to-GDSII design flow offers \"The Fastest Path from RTL
to Silicon\"T. Magma is headquartered in Santa Clara, Calif. with offices around the
world. Magma\'s stock trades on Nasdaq under the ticker symbol LAVA. Visit Magma
Design Automation on the Web at

Web Site = http://

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