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Design need to close in different modes (Func mode, Test modes,TFT,ATPG ,MBIST etc).
Multi corner. In Lower technology nodes, design need to close with multiple corners like PVT corners.
The total process closing in these STA closure is called MMMC.
sam explained you correctly .. there are lot of details .. go through any of the application note .... but any ways .. in case u need any specific details .. then you can ask here.
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