People October 25, 2004 ** Something to write home about ** Apache Design Solutions announced that it was selected for Silicon Strategies' 60 Emerging Startups list. Apache says "The Silicon 60" names the top technology startups to watch from among thousands worldwide. Not surprisingly, the companies on the list are selected by the editors of Silicon Strategies - the selection based on a "mix of criteria including technology, intended market, maturity, financial position, and investment profile. The startups on the list are those involved in semiconductors, fab equipment, packaging, foundry, materials, MEMS and EDA software." Apache says it's one of only two EDA companies who made the cut.
Emulation and Verification Engineering (EVE) announced that Crescendo Technologies Ltd. has become EVE's exclusive distributor in China. Under terms of the distribution agreement, Crescendo Technologies will market and support EVE's ZeBu hardware-assisted verification platform and associated software throughout China. Denali Software Inc. announced it is a new member in the ARM Connected Community. As part of the ARM Connected Community, Denali says will gain access to a full range of resources to help it market and deploy innovative solutions that will enable developers to get its ARM Powered products to market faster. Kevin Silver, Denali's Vice President of Marketing, is quoted in the Press Release: "Design and verification of complex interfaces, such as DDR memory, Serial-ATA II, and PCI Express, are underestimated tasks of chip design today. Denali leads the industry in Design IP and Verification IP for complex chip interfaces, and is now committed to delivering these same optimal solutions to support developers using ARM's AMBA AXI (Advanced eXtensible Interface) interface. Availability of Denali design IP and verification IP for the ARM architecture enables ARM customers to speed chip development times and reduce design verification risks." EMA Design Automation and the Chronology Division of Forte Design Systems announced a strategic partnership. Through the partnership agreement, EMA will provide exclusive distribution and support throughout North America for Chronology's TimingDesigner timing analysis product. Manny Marcano, President and CEO of EMA Design Automation, is quoted in the Press Release: "Timing analysis plays an increasingly prominent role in the identification and resolution of system operation issues. Through this collaboration with Chronology, we can now offer our customers the ability to obtain fast and complete timing margin analysis for their designs."
Synopsys, Inc. announced the acquisition of Cascade Semiconductor Solutions, Inc. The company says the acquisition "extends Synopsys' leadership in PCI family IP by augmenting its successful DesignWare Endpoint solution for PCI Express with Root, Dual Mode (Endpoint/Root) and Switch Ports. This enables Synopsys to immediately offer designers a complete high-performance, low-latency PCI Express IP solution to deploy in their SoCs. Cascade's digital IP complements Synopsys' PCI Express Verification IP and PHY (Physical Layer of the PCI Express protocol) to create a complete PCI Express IP solution. Together, Synopsys and Cascade have achieved PCI Express design wins at more than 25 companies, double the nearest competitor, with several customers taped-out and shipping products." This could indeed be the start of a beautiful friendship. Jing-Fan Zhang, President and CEO at Cascade IP, is also quoted: "This is a significant event in the PCI Express community. The resulting portfolio of PCI Express IP, combined with Synopsys' global presence, sales and application resources, immediately expands the reach of our IP giving designers worldwide the PCI Express IP they need for their next-generation integrated circuits."
Ipextreme announced that Trent Poltronetti is now their Vice President of Marketing, reporting directly to company President and CEO Warren Savage. Previously, Poltronetti was with Synchronicity up through the successful acquisition of the company by MatrixOne. Prior to Synchronicity, he was at ARM, stationed in the U.K. where he learned to love hearty English food and ale. Prior to joining ARM, he was part of an investment banking team at a technology brokerage that helped ARM secure early funding. Poltronetti has a BS in Computer Engineering and an MBA from the University of Manitoba. Most importantly, Potronetti was recently married. All told, things are going pretty darn well for this guy.
Got some time on your hands? Read between the lines here to get one possible snapshot of the situation in EDA ... Cadence Design Systems, Inc. announced "total revenue for the third quarter of 2004 of $302 million compared to $269 million in the same period last year. On a GAAP basis, Cadence recognized net income of $20 million, or $0.07 per share in the third quarter of 2004, compared to a net loss of $14 million, or $0.05 per share in the same period last year. In addition to using GAAP results in evaluating Cadence's business, management also believes it is useful to measure results using a non-GAAP measure of net income (loss), which excludes, as applicable, amortization of intangible assets and deferred stock compensation, in-process research and development charges, integration and other acquisition-related expenses, restructuring charges and equity in losses (income) from investments. Non-GAAP net income (loss) is adjusted by the amount of additional taxes or tax benefit that the company would accrue if it used non-GAAP results instead of GAAP results to calculate the company's tax liability. Using this non-GAAP measure, earnings in the third quarter were $52 million, or $0.19 per share, on a fully diluted basis as compared to $34 million, or $0.12 per share, on a fully diluted basis, in the same period last year." Mentor Graphics Corp. announced "third quarter pro forma diluted earnings per share were $.05, on revenue of $162 million. On a GAAP basis, the company reported a loss of $.08 per share, driven lower primarily by special charges for in-process R&D associated with the acquisition of 0-In Design Automation. Revenue grew 3% over the year ago quarter, while bookings grew 2%. By geography, PacRim was particularly robust. Bookings in PacRim climbed 20%, North America was up 5%, and Europe was down 10%. Japan was flat, but continued at bookings levels nearly double the historical rate of the late 1990s. Revenue by region was 40% Americas, 30% Europe, 20% Japan, and 10% Pacific Rim." Company Chairman and CEO Wally Rhines is also quoted in the Press Release: "Although growth in the third quarter was slow, it was primarily due to the timing of major orders. Year-to-date bookings have grown over 8% and we expect an all-time record level in fourth quarter and full year bookings growth of 10%." Nassda Corp. announced financial results for the quarter ended September 30, 2004, the fourth quarter of Nassda's fiscal 2004. "Revenue for the quarter ended September 30, 2004 was $11.0 million, a 31% increase from $8.4 million for the quarter ended September 30, 2003 and was substantially unchanged from $11.0 million for the quarter ended June 30, 2004. Net income for the quarter ended September 30, 2004 was $175,000, or $0.01 per diluted share, a decrease of $148,000 from $323,000, or $0.01 per diluted share, for the quarter ended September 30, 2003 and a decrease of $891,000 from $1.1 million, or $0.04 per diluted share, for the quarter ended June 30, 2004. Total revenue for fiscal 2004 was $41.5 million, an 18% increase from $35.1 million for fiscal 2003. Net income for fiscal 2004 was $2.6 million, or $0.09 per diluted share, a decrease of $1.0 million as compared to net income for fiscal 2003 of $3.6 million, or $0.12 per diluted share." TransEDA says it is celebrating the first anniversary of the merger with TNI-Valiosys with 40% growth. Although private companies rarely give specific details of their financials, company CEO Jean-Luc Bouvresse does offer these comments in the Press Release: "The verification trends have been in our favor. We were in the right place at the right time and ready to go to market with the right technologies. We have focused R&D efforts on merging the existing robust technologies of both companies to create unique value for our customers." Now that you've read between the lines, what have you learned? Are the Bulls or the Bears rummaging around in EDA? |