News Release from: Apache Design Solutions
Edited by the Electronicstalk Editorial Team on 27 April 2006
Another record quarter and Apache expands
Apache Design Solutions has recorded its 13th consecutive record quarter and is embarking on a worldwide expansion of its branch offices.
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Apache Design Solutions has recorded its 13th consecutive record quarter and is embarking on a worldwide expansion of its branch offices. Contributions to record sales came from new customer adoption of Apache's power closure sign-off solutions, as well as the broadening of license usage within existing accounts. Q1 sales also included another multi-year, multi-million-dollar agreement from a major semiconductor company, marking the fourth consecutive quarter with large multi-year commitments from customers.
'Traditionally, first quarter has been a slow quarter for EDA, but Apache has maintained continuous monotonic growth every quarter for the past 3 years', stated Keith Mueller, Senior Vice President for Business Development.
'For designs at 90nm and below, dynamic power is 'a must have' sign-off criterion and Apache leads this market by providing the most reliable power signoff solution'.
'As more and more designs utilise low power techniques to manage power consumption and leakage, we are experiencing a rapid adoption of our leading power and noise solutions', stated Andrew Yang, CEO of Apache.
'By delivering accurate analysis and optimisation solutions for low power designs, Apache is addressing the customer's critical nanometre design issues such as leakage control and management'.
To support the growing adoption of Apache's products, the company has established additional branch offices worldwide.
To broaden the sales and support coverage in the USA, Apache opened a branch office in Massachusetts to augment the already established offices in Texas and California.
To meet the demands of the fastest growing international markets, Apache expanded its branch office in Bangalore, India to include direct sales and engineering, as well as additional applications support personnel.
Apache also opened a direct sales and support office in Israel.
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