EDA sales continued double-digit boom
"Growth in the EDA market was exceptionally robust across the board," said Walden Rhines, EDAC chair and chairman and CEO of Mentor Graphics Corp., in a statement. "Revenue grew in every major product category and in every region."
The largest category, computer aided engineering (CAE), generated revenue of 566.7 million in Q3 2011, which represents a 10.5 percent increase over Q3 2010. The four-quarters moving average for CAE increased 16.3 percent.
IC Physical Design & Verification revenue increased to $338.3 million in Q3 2011, a 16 percent increase compared to Q3 2010. The four-quarters moving average increased 10.1 percent.
Printed Circuit Board and Multi-Chip Module (PCB & MCM) revenue of $140.3 million represents an increase of 11.6 percent compared to Q3 2010. The four-quarters moving average for PCB & MCM increased 21.7 percent.
Companies that were tracked employed 27,162 professionals in Q3 2011, an increase of 2.6 percent compared to the 26,474 people employed in Q3 2010, and up 1.7 percent compared to Q2 2011.
Semiconductor Intellectual Property (SIP) revenue totaled $410 million in Q3 2011, a 37.4 percent increase compared to Q3 2010. The four-quarters moving average increased 28.4 percent.
Services revenue was $88.7 million in Q3 2011, an increase of 13.1 percent compared to Q3 2010. The four-quarters moving average increased 8.5 percent.
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