( ESNUG 324 Item 10 ) --------------------------------------------- [8/04/99]
Subject: Au Contraire! Magma Is Actually Growing Everywhere, Not Shrinking
> So, from the outside looking in, while it appears that Magma made the
> biggest customer impression at DAC - it also appears they may be grabbing
> defeat from the jaws of victory because the industry gossip is that
> Magma's VP of Worldwide Sales, Kevin Lynch (confirmed), Magma's VP of
> North American Sales, Bruce Costello (confirmed), and three of their R&D
> staff (rumored) have all quit. Other bad news for Magma is that Atiq
> Raza, the Prez of AMD, has resigned from AMD. Raza is on the Magma board
> and drove the AMD/Magma relationship. No Raza may mean no Magma at AMD.
>
> - John Cooley (from the DAC'99 Trip Report)
From: Klaus Vongehr <klaus.vongehr@infineon.com>
In Germany, Avant! consultants are leaving the company. A big deal of them
heads for Magma. So Avant! has a problem in offering expert support.
To my knowledge, Magma has impelemented a new approach to layout which so
far other vendors only promise.
- Klaus Vongehr
Infineon/Siemens Munich, Germany
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From: Howard Pakosh <hpakosh@cgocable.net>
To: (Recipient list suppressed)
Subject: FINAL Avant! Update - July 1999
Ladies and Gentlemen,
I still love the company and the people. But, due to mitigating
circumstances, I must depart.
I'll be taking the Eastern Area Director position with the upstart EDA
company called Magma Design Automation (www.magma-da.com). My first day
will be Monday, August 16th.
I will not be too far away. In fact, I will continue to be based here in
Toronto, taking over the local office here. I'll also be opening a new
office somewhere along Route 128 in Boston. My Canadian phone numbers will
not change (Tel 905/634-4780 Fax 905/634-3385). I'll send you my new email
address when I have one.
I want to thank all of you for the good times I have had here. I look
forward to working with you at Magma.
Yours truly,
Howard Pakosh
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From: "Robert P. Smith" <bob@magma-da.com>
Dear John,
Recently read your wrap-up of DAC 99. Always enjoyable to read your unique
view of the show. I was very pleased to see that our product name "Blast
Fusion" stuck in people's minds. I also wanted to set the record straight
on a couple of things that you had mentioned in your report. I guess these
just demonstrate how the rumor mill changes and distorts things.
It is true that our former VP of North America Sales (Kevin Lynch) and
Director of Regional Sales (Bruce Costello) recently left the company.
This was an amicable parting of ways due to differences in expectations and
styles. We are very close to announcing our new VP of North America Sales
and have already filled the Director position. Life goes on. Also, we
just recently announced that Seiji Miwa, former chairman of Cadence Japan
has just joined Magma to be chairman of Magma Japan.
It is not at all true that we have lost R&D people. This must be a rumor
that one of our competitors planted. In fact, we entered DAC with about 82
people on board; we are now up to 96. We haven't lost a single R&D person;
in fact there has been 0 turnover in R&D over the past year.
AMD is one of the many important customers of Magma. And, although Atiq
was certainly aware of what we were doing at AMD he was at least 2 levels
removed from the ongoing work that we are doing at AMD. In fact, our
results are extremely positive. So we don't see any impact there with
respect to our ongoing business relationship with AMD.
I'd be glad to host a visit with you if/when you're out in Silicon Valley
and we can share more with you about our plans and observations.
Best regards,
- Robert P. Smith, VP of Marketing
Magma Cupertino, CA
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