SANTA CLARA - NBS Design adds a comprehensive materials procurement service and appointments a supply chain veteran, Kirk Knudsen as Director of Materials. This rounds out a portfolio that already includes PCB layout, surface mount and thru-hole assembly, 3D X-Ray and AOI test, rework and box build services.
Commenting on this addition, NBS President Craig Arcuri explained, “Redefining Quick Turn Production is a cornerstone of both our brand promise and reputation with our large customer base. The next phase of our business plan, triggered by steadily expanding growth, logically called for the addition of procurement services to be able to continue to deliver on those expectations.”
ARLINGTON, VA – Entries for the International CES Innovations 2008 Design and Engineering Awards will be accepted through Sept. 28, the Consumer Electronics Association announced. This annual competition honors outstanding design and engineering in 32 consumer electronics product categories.
WILSONVILLE, OR – Mentor Graphics Corp., maker of electronic automation systems, announced second quarter revenue of $205.7 million, up 15% year-over-year.
Compared to the same period last year, integrated systems design bookings grew 35%; new and emerging bookings grew 5%; scalable verification was down 5%, and IC design to silicon was down 25%, reports Mentor. IC design to silicon is expected to strengthen in the second half, based on a strong renewal pipeline.
Year-over-year, bookings for Europe were up 30%; Pacific Rim was flat; North America was down 15%, and Japan was down 30%, says Mentor.
During the quarter, the company acquired Sierra Design Automation, provider of high-performance place and route solutions.
For the third quarter, the company expects revenue of approximately $200 million. For 2008, the company expects revenue of approximately $860 million. Preliminary guidance for 2009 is for revenue of $920 million.
PHOENIX – Avnet Electronics Marketing has updated its Design Resource Center (http://em.avnet.com/drc) with an enhanced search engine said to speed the design process through quicker access to information and design resources.
The site gives design engineers direct access to more than 150 offerings searchable by manufacturer, technology or product.
The DRC offers design engineers access to electronic technologies and products, including reference designs, product briefs, user and program guides, schematics and application notes. The site also provides access to select evaluation and development kits created by Avnet design engineers and supplier partners.
PITTSBURGH – Ansoft Corp., a developer of EDA software, announced revenue for its fiscal first quarter totaled $19.9 million, an increase of 15% year-over-year.
Operating income was $5.2 million, representing an 84% increase compared to the first quarter of 2007.
Net income was $3.9 million, up 69% year-over-year.
The company guided for second quarter revenue growth of 10 to 15%.