SAN FRANCISCO Magma Design Automation Inc. plans to introduce new tools next quarter which address what company CEO Rajeev Madhavan calls a lack of true automation in EDA, Madhavan said last week (Oct. 27).
Speaking to analysts, investors and media on Magma's fiscal second quarter 2006 conference call, Madhavan said the company has been under an 18-month development effort that will yield completely new tools next quarter. Madhavan was hesitant to say more about the products, promising that they would be discussed next quarter.
"We believe the industry needs to provide a level of automation that enables increasingly complex silicon designs to be completed without having to increase the investment in engineering resources," Madhavan said in prepared remarks at the beginning of the call. "The goals of the industry in 1980s to deliver an automated silicon compiler diminished to fragmented pieces of point tools that never could achieve the levels of automation that our customers require."
Later, Madhavan said Magma believes the EDA industry has "responded very poorly to the growing capacities and growing complexity challenges" of IC design.
Madhavan's comments were similar to comments that he made during his keynote address at Magma's September user conference. There, criticizing what he characterized as a lack of automation in the industry, Madhavan warned that EDA is coming to stand for "electronic design assistance." Madhavan hinted at that time that Magma would be introducing new products to address this.
Details of the forthcoming tools remain sketchy. Madhavan said the company purposely chose not to disclose many details of the products during the call.
Magma (Santa Clara, Calif.) last week reported
company-record quarterly revenue of $39.9 million for its fiscal second quarter, but a GAAP net loss of $6.6 million.