CIMdata PLM Industry Summary Online Archive
21 April 2008
Financial News
Apache Design Solutions Continues Growth with Record Q1 Sales
Apache Design Solutions announced that the company has achieved its 21st consecutive quarter of record bookings and revenue, while maintaining profitability. Sales growth in Q1 consisted of RedHawk license expansion and adoption of the new Sentinel chip-package co-design platform by existing customers. Additionally, seven new semiconductor companies selected Apache’s solutions.
“Apache has maintained continuous growth every quarter for the past five years,” stated Craig Shirley, vice president of worldwide sales at Apache. “This achievement validates our products, customer support, and business model.”
“Apache’s product portfolio has expanded from on-chip power integrity to multiple platforms addressing power, noise, and reliability challenges for IC, analog, and chip-package-system co-design,” stated Andrew Yang, CEO of Apache. “Apache will continue to execute based on customer-driven technology roadmap with solid product delivery for risk mitigation and system cost optimization.”
Become a member of the CIMdata PLM Community to receive your daily PLM news and much more.
Tell us what you think of the CIMdata Newsletter. Send your feedback.
CIMdata is committed to your privacy. Your personal information will never be sold or shared outside of CIMdata without your express permission.