SAN JOSE, CA – Cadence Design Systems Inc. reported third-quarter net earnings rose 74% to $72.7 million, on a 10% spike in sales, to $400.9 million.
Non GAAP net income totaled $97.4 million, up 16% from the same period last year.
Subscription bookings fell to 50% during the quarter as some customers moved to a new licensing model, which boosted upfront revenue. Some analysts said the shift could point to slower growth ahead.
Cadence forecast fourth-quarter revenue of $465 million to $475 million.
AUSTIN, TX – National Instruments reported record revenue of $184.4 million in the third quarter, up 12.4% year-over-year.
Net income was $21.5 million, up 15% compared to last year. Operating margin and net margin were 13.3% and 11.7%, respectively.
Virtual instrumentation and graphical system design products, which constitute the vast majority of the company’s product portfolio, had 14.3% year-over-year revenue growth, NI said.
In contrast, sales of NI instrument control products, now representing less than 10% of the company’s revenue, were down 3% year-over-year, compared to an 8% decline in the second quarter.
Year to date, the company reported record revenue of $536 million, up 11.8% compared to the first nine months of 2006.
The company expects a record for revenue in the fourth quarter in the range of $200 million and $210 million.
ROCHESTER, NY– EMA Design Automation and DesignAdvance have introduced a free Return on Investment (ROI) calculator for the CircuitSpace printed circuit board design software. The calculator helps customers easily quantify the time and cost benefits to expect using CircuitSpace.
Customers have achieved up to 5X returns (2.5 months) on their investment within the first year of using CircuitSpace. Designers reduce board layout and placement time from weeks-to-minutes through CircuitSpace’s patented AutoClustering technology, intelligent design (IP) reuse, and replication. Reductions in PCB design time have a direct impact on time-to-market for new products, which directly correlates to profitability.
“We were impressed with the productivity gains our designers could achieve with CircuitSpace,” said Bob Brady, Senior Manager of Engineering Infrastructure at RadiSys Corporation, a provider of advanced solutions for the communications networking and commercial systems markets. “We purchased CircuitSpace, and have already realized substantial savings in our design time.”
“Measuring return on investment can be a difficult task,” said Manny Marcano, President and CEO of EMA, a full-service provider of Electronic Design Automation (EDA) solutions. “The ROI calculator allows you to enter your own data and automatically calculate the time and cost benefits of CircuitSpace.”
The ROI calculator is available on the EMA website. Users enter their PCB design information by completing a short form and the calculator automatically generates a summary of the time and cost savings.
What does it take to be a successful designer or fabricator of printed circuit boards? What tools, processes and skill sets will be required to keep pace with the next generation of advanced PCBs and electronic platforms?
These are the types of questions being explored this week in Durham, NC, as designers, OEMs, fabricators and suppliers meet at the 12th annual PCB East conference and exhibition being held at the Durham Civic Center. This is the second year the event has been held at this location. Advanced registration was up versus 2006 levels at this same location, a good indication of the show’s continued draw for engineers, designers and fabricators who are looking to stay at the top of their game.
BRUSSELS – Valor
Computerized Systems named FlowCAD and Parallel Systems as
distributors in Central and Eastern Europe, and the U.K. and Ireland,
respectively.
FlowCAD, based in Germany, offers a
complete design flow solution. It was founded from Cadence’s local PCB
sales and support organization, and focuses on the local needs of system
designers.
Parallel Systems is an EDA distributor
in the U.K. and Ireland.
SANTA CLARA, Calif. - Agilent Technologies Inc. announced it will provide Agilent EDA software, support and training, totaling $13 million, to a new hub of the Georgia Electronic Design Center (GEDC) in Atlanta.