AGREEMENT AND PLAN OF MERGER BY AND AMONG MAGMA DESIGN AUTOMATION, INC., SABIO ACQUISITION CORP., SABIO LABS LLC., SABIO LABS, INC. AND DAVID COLLERAN, AS REPRESENTATIVE DECEMBER 20, 2007Merger Agreement • February 27th, 2008 • Magma Design Automation Inc • Services-prepackaged software • California
This AGREEMENT AND PLAN OF MERGER (this “Agreement”) is made and entered into as of December 20, 2007 (the “Agreement Date”) by and among Magma Design Automation, Inc., a Delaware corporation (“Magma”), Sabio Acquisition Corp., a California corporation and a wholly owned subsidiary of Magma (“Merger Sub I”), Sabio Labs LLC, a California limited liability company and a wholly owned subsidiary of Magma (“Merger Sub II” and with Merger Sub I, the “Merger Subs” and each a “Merger Sub”), Sabio Labs, Inc., a California corporation (the “Company”), and David Colleran, as Representative, solely with respect to Article IX hereof and such other provisions hereof which specifically refer to such Representative (the “Representative”).
