CIMdata PLM Industry Summary Online Archive
10 January 2011
Financial News
EVE Grows Revenue Over 50%, Sees Double-Digit Profits, Increases Market Share in 2010
EVE, a leader in hardware/software co-verification, closed out Calendar Year 2010 with more than 50 percent revenue growth, double-digit profitability and increased market share.
Since January 2010, 30 of EVE's ZeBu-Server emulation systems were deployed at 15 different electronics companies worldwide, as EVE partnered with leaders of the computing, consumer electronics, multimedia/imaging, networking and wireless industries.
Moving into 2011, the emulation market is expected to grow at a rate of 20 percent fueled by strong demand for low-cost, high-speed, high-capacity verification methodologies. EVE plans to announce several product innovations, continuing to lead the electronic design automation (EDA) industry with systems that offer smarter debug capabilities, large capacity, fast execution speed and a low cost of ownership.
"2010 was a stellar year for EVE," remarks Dr. Luc Burgun, EVE's chief executive officer and president. "I thank everyone who helped make it happen, from our engineering, sales and support teams to our customers who trust EVE and invested in our technology. Industry observers should watch EVE in 2011 as we have plenty planned for another exceptional year."
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