Click on the advert above to visit the company web site
Product category: Design and Development Software
News Release from: Synopsys
Edited by the Electronicstalk Editorial Team on 02 April 2007
Synopsys and Magma bury the hatchet
Request your FREE weekly copy of the Electronicstalk email newsletter. News about Design and Development Software and more every issue. Click here for details.
Synopsys and Magma Design Automation have agreed to settle all pending litigation between them.
Synopsys and Magma Design Automation have agreed to settle all pending litigation between them As part of the settlement: Synopsys and Magma agree to release all claims in both California and Delaware and to cross license the patents at issue in these jurisdictions as well as any related applications; both companies agree not to initiate future patent litigation against each other for two years provided certain terms are met; Magma agrees to make a payment to Synopsys of US $12.5 million toward the settlement of this dispute; and, all other terms of the settlement are confidential