SAN JOSE, CA – First quarter electronic design software sales and service revenue increased 4.6% to $1.75 billion, the EDA Consortium said today. Printed circuit board and multichip module revenue was up 1.6% year-over-year to $159.7 million. The four-quarters moving average, a measure of the past year's growth, was up 5.4%.
Sequentially, EDA revenue was down 7.1%, while the four-quarters moving average increased 5.2%.
“All regions except Japan enjoyed solid growth in the first quarter, with Pac Rim averaging over 14% growth on a rolling four-quarter basis,” said Walden C. Rhines, chairman and CEO of Mentor Graphics. “In particular, CAE and PCB showed positive growth for the quarter.”
Computer-aided engineering, the largest category, generated revenue of $638.6 million during the quarter, up 6.6% year-over-year. The four-quarters moving average for CAE was up 2.8%. IC physical design and verification revenue was down 2.4% to $331.9 million year-over-year. The four-quarters moving average increased 7.4%. Semiconductor intellectual property revenue was $518.1 million in the first quarter, up 10.2% year-over-year, while the four-quarters moving average was up 3.1%.
The Americas, EDA’s largest region, purchased $760.7 million of EDA products and services in the first quarter, up 7.1% year-over-year. The four-quarters moving average was up 5.8%. Revenue in Europe, the Middle East, and Africa was up 7.4% to $296.8 million. The EMEA four-quarters moving average increased 4.9%.
Japan’s first-quarter revenue was down 19.3% to $209.7 million year-over-year. The four-quarters moving average was down 10.2%. The Asia/Pacific region’s revenue increased 13.5% year-over-year to $478.9 million, while the four-quarters moving average was up 14.4%.
Tracked companies employed 30,440 professionals during the quarter, up 3.7% year-over-year, and up 1.9% sequentially.