Take Magma Design Automation (LAVA) for example with the chart shown HERE.

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Magma develops software called electronic design automation (EDA), critical to the design of new semiconductor chips.

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Looking forward, we see attractive characteristics in three other names: QLogic Corp. ( QLGC), Magma Design Automation ( LAVA), and American Eagle Outfitters ( AEO).

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The electronic design automation and IP industries are increasing in importance, and Synopsys in particular is well-positioned to accelerate innovation due to its combination of financial strength, technology leadership, global support, and strategic vision.

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Mentor Graphics shares are trading sharply lower Friday morning after the electronic design automation software company posted mixed results for the fiscal fourth quarter ended January 31, and provided disappointing guidance for Q1 and for the January 2014 fiscal year.

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You also have to design for more automation and more different kinds of productivity.

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Achieving that level of automation requires that your system design and configuration be easily replicable.

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Coventry and Warwickshire firms which will also benefit are: Richmond Design and Marketing Limited, Expert Tooling and Automation Ltd, Envisage Group Ltd, Lear, Covrad Heat Transfer Ltd, Warwick Manufacturing Group, and Drive System Design Ltd.

BBC: Coventry engineering jobs boost from grant