Monday, July 26, 2010

Magma names Dave Sugishita to board of directors

BANGALORE, INDIA: Magma Design Automation, a provider of chip design software, announced today the appointment of Dave Sugishita to its board of directors. Sugishita, a veteran of the semiconductor and electronic design automation (EDA) industries, is currently chairman of the board at Atmel Corp.

His career spans various senior financial management positions, including serving as chief financial officer at EDA supplier Synopsys, and at semiconductor companies Actel and Micro Component Technology; as corporate controller at semiconductor capital equipment supplier Applied Materials; and as vice president of Finance at National Semiconductor.

“Dave brings extensive experience in the EDA and semiconductor industries, making him a great fit for Magma’s board,” said Rajeev Madhavan, Magma CEO and chairman of the board of directors. “His proven financial expertise gained from various perspectives in the semiconductor realm should be a valuable resource to the management team.”

In addition to his role at Atmel, Sugishita serves as a director and as chairman of the audit committees for both Ditech Networks and Immersion Corp. He holds a Bachelor of Science degree in business administration from San Jose State University and a Master’s degree in Business Administration from Santa Clara University.

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