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.