Design News

SAN JOSE, CA – Magma Design Automation Inc. will cut 17% of its workforce, consolidate several plants and reduce salaries as part of a cost-saving measure. According to Roy Jewell, president and COO, the layoffs reach all departments and global facilities.
 
In October, Magma eliminated approximately 10% of its 1,000 employees. During the third quarter, the company implemented a 20% salary reduction for senior management and smaller reductions for most other employees. It closed two sales and support offices in North America and one in Europe. There are also plans to consolidate operations in Beijing and Shanghai.
 
The measures are expected to reduce total annual costs by nearly $20 million for fiscal year 2010. “We are taking steps necessary to align our expenses with the revised business outlook announced in December,” said Jewell.

SAN JOSE, CA – Cadence Design Systems Inc. announced fourth-quarter revenues fell a staggering 102% from last year to $227 million. Revenue for the year was reported at $1.04 billion, down 36% from $1.62 billion. 
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SANTA CLARA, CA –The DesignVision Awards were recently presented at DesignCon 2009. Awards were handed out in eight categories.
 
PCB Design Tools and Technologies: PCB Matrix for the Symbol Wizard.
 
System Modeling and Simulation Tools: Signal Integrity Software for Quantum Channel Designer.
 
Interconnect Technologies and Components: Molex Inc. for the Impact Backplane Connector System.

IC Design Tools: Mentor Graphics for the Olympus-SoC Parallel Timing Analysis and Optimization.
 
Design Verification Tools: Sequence Design for PowerArtist.
 
Semiconductor Components and ICs: Xilinx for the Xilinx Virtex-5 TXT FPGA Platform.
 
Semiconductor IP: Cadence Design Systems for the ChipEstimate.co IP Ecosystem.
 
Test and Measurement Equipment: SyntheSys Research Inc. for DPP 12500A-4T.
 
 
 
 
WILSONVILLE, OR – Mentor Graphics has released a power integrity analysis tool, HyperLynx PI, which according to the company provides easy-to-learn-and-use setup and accurate analysis of power plane structures.

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PITTSBURGH – The Millennia Group Inc. (TMG) has named Pete Wasnac director of sales and marketing. He will report to Ron Cosper, president and COO.
 
Wasnac will be responsible for managing sales and marketing activities and supervising the sales representatives. He brings more than 20 years of experience in electronics distribution and manufacturing.
 
Prior to joining TMG, he worked for Avnet Electronic Marketing and Nielsen-Kellerman. He was also the general manager of operations at Arrow Electronics for 18 years.
SANTA CLARA, CA and TAMIL NADU, INDIA – Zero Defects International and Skyla Technologies have partnered to provide cost-effective Virtual CAM services for the PCB industry.
 
India-based Skyla will give job quotes, date input, pre-CAM, stack-up/impedance, DFM, panelization and custom scripting to companies. Zero Defects will be the exclusive distributor in North America.
 
Services are on a subscription or per-use basis to keep costs down and to maximize speed and efficiency.

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