A magnetic vortex and an antivortex can annihilate, resulting in a homogeneous magnetization. A detailed description of the magnetization dynamics of such annihilation processes is obtained by micromagnetic simulations based on the Landau-Lifshitz-Gilbert equation. We show that, depending on the relative polarization of the vortex-antivortex pair, the annihilation process is either a continuous transformation of the magnetic structure or it involves the propagation of a micromagnetic singularity (Bloch point) causing a burstlike emission of spin waves. These results provide new insight into a fundamental micromagnetic process that has recently been proposed for a controlled generation of spin waves. DOI: 10.1103/PhysRevLett.97.177202 PACS numbers: 75.40.Gb, 75.40.Mg, 75.75.+a Magnetic vortices in ferromagnets are regions of typically just a few nanometers size, with a core around which the magnetization circulates. Up to a few years ago, such magnetic vortices were considered mainly as a topological detail of magnetic flux-closure patterns [1]. It was found that vortices inevitably occur in singly connected samples with magnetic flux-closure patterns and that they may be located, e.g., at the junctions of magnetic domains [2]. In the wake of the recent dramatic progress in nanomagnetism, static and dynamic properties of submicrometer-sized particles have been extensively studied, and the tiny magnetic vortices and particularly their dynamic properties have moved into the focus of interest [3][4][5][6][7] The counterpart of a magnetic vortex is a magnetic structure with similar properties, known as an antivortex. Both vortex and antivortex have a magnetic core which is magnetized perpendicular to the plane. A vortex and an antivortex can annihilate when they meet [8,9]. Besides the fact that the annihilation is connected with an emission of spin waves [10], not much is known about the magnetization dynamics of a vortex-antivortex annihilation process. We have studied the annihilation of a vortex and an antivortex with finite-element micromagnetic simulations based on the Landau-Lifshitz-Gilbert equation. These simulations yield a detailed description of this previously unexplored fundamental magnetization process. The results reveal the process to strongly depend on the relative orientation of the core magnetization of both the vortex and the antivortex. Particularly, if the vortex and antivortex cores are antiparallel to each other, the annihilation process involves the propagation of a Bloch point, which causes a burstlike dissipation of exchange energy (''exchange explosion'') via spin waves. Considering the proposed use of magnetic vortices in data storage and magnetologic approaches [5,11,12], a good control of the dynamic behavior will be mandatory. Understanding the annihilation dynamics of vortices and antivortices is, therefore, an important step towards a precise description of the complicated dynamic magnetization processes involving the temporary formation of vortices.The similarities and differen...