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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) ~~May~~October 223, 2001

Avant! Corporation
(Exact name of registrant as specified in its charter)

DELAWARE		94-2347624
(State or other jurisdiction of incorporation)		(I.R.S. Employer Identification Number)

46871 Bayside Parkway
Fremont, California 94538
(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (510) 413-8000

Item 52. ~~Other~~Acquisition ~~Events.~~or Disposition of Assets

OnThe ~~May~~Company has terminated its investment in Semiconductor Manufacturing International Corporation ("SMIC"). The Company had invested a total of $62.5 ~~22,~~million ~~2001,~~in SMIC. Pursuant to the agreement terminating the Company's ~~announced~~investment, the ~~resolution~~entire of$62.5 million invested by the ~~criminal~~Company ~~case~~will ~~People~~be v.reimbursed ~~Avant!~~and ~~Corporation,~~the etCompany is relieved of alany obligation to invest additional funds in SMIC. ~~This~~The ~~settlement~~Company ~~ends~~received ~~the~~$33 ~~criminal~~million ~~trade~~of ~~secret~~its ~~prosecution~~SMIC ~~arising~~investment ~~from~~on ~~the~~October 3, ~~long-standing~~2001. ~~dispute~~Under ~~between~~the agreement the ~~Company~~remaining ~~and~~$29.5 million ~~Cadence~~must ~~Design~~be paid ~~Systems,~~by November ~~Inc~~30, 2001.

~~The key~~Item ~~elements~~5. ofOther ~~the plea agreement include:~~ Events

~~In addition~~On toOctober 3, 2001, the ~~plea~~Company bycompleted payment in full of the ~~Company~~restitution amount awarded to Cadence Design Systems, Inc. ~~the~~by ~~following~~a ~~current~~Santa ~~and~~Clara County ~~former~~Superior ~~employees~~Court ofin the matter of People v. Avant!, et al. The Company ~~resolved~~had previously paid the ~~charges~~$27 million fine imposed by the Superior Court. The Company has now paid all fines and restitution amounts assessed against ~~them~~it in connection with the ~~following~~People ~~manner:~~v. Avant! case.

InA ~~connection~~portion ~~with~~of ~~this settlement,~~ the ~~Company~~money ~~agreed~~used to pay ~~approximately~~the ~~$8.3 million~~restitution offine was raised through the ~~above-mentioned~~Company ~~fines~~terminating ~~assessed~~its ~~against~~investment ~~individual~~in ~~defendants~~SMIC (see Item 2 above).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

AVANT! CORPORATION By: /s/ ~~VIRAJ~~Viraj J. ~~PATEL~~Patel Name: Viraj J. Patel Title: Head of Finance and Treasurer

~~May~~October 294, 2001

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SIGNATURES

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