EDA extends sales growth streak

EDA extends sales growth streak

SAN FRANCISCO—EDA revenue grew to $1.59 billion in the second quarter, up 11 percent from the second quarter of 2011, according to the EDA Consortium (EDAC).

The second quarter marked the seventh time in the past eight quarters that EDAC has posted double digit percentage growth compared with the year-ago quarter, according to Walden Rhines, chairman and CEO of Mentor Graphics Corp. and a board member of EDAC.

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On a sequential basis, EDA revenue grew by 3 percent compared with the first quarter, EDAC said. The four quarter moving average of revenue—which compares the most recent four quarters to the prior four quarters—improved by 12 percent in the second quarter, EDAC said.

Rhines said posting double digit revenue gains in seven of the past eight quarters is unusual for EDA over the past decade. But over the course of EDA's history, such a string is not atypical, Rhines said.

Second quarter EDA revenue growth was broad-based, with revenue increasing year-to-year across all geographies and across nearly all of the product categories tracked by EDAC.

"Growth was driven by North America and Asia/Pacific, although all regions were positive, Rhines said. "[Computer aided design], IC physical design, and semiconductor IP all showed double-digit increases."



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