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More on Synopsys’ acquisition of Magma

In a big strategic shift for the chip design software industry, Synopsys said today it plans to buy Magma Design Automation for $507 million.

The deal leaves two juggernauts in electronic design automation software (EDA) — Synopsys and arch rival Cadence Design Systems — to battle it out as the software of choice for engineers who design electronic chips. via Venture Beat

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