CIMdata PLM Industry Summary Online Archive

25 October 2007

Financial News

Apache Achieves Record Sales for the Nineteenth Consecutive Quarter

Apache Design Solutions announced that the company has achieved its 19th consecutive quarter of record sales, while maintaining profitability. Sales growth consists of a healthy mix of RedHawk SoC and mixed-signal dynamic power and Sentinel chip-package and I/O integrity solutions. In addition, the company signed a four-year agreement that includes the full spectrum of Apache product lines with one of the top five fabless semiconductor companies.

"Power and noise are clearly a system-wide challenge. The rapid adoption of our new Sentinel product demonstrates that we are addressing the critical need of chip-package-system co-design," said Craig Shirley, vice president of sales at Apache. "Adding the success of Sentinel to the widespread adoption of RedHawk strengthens our business growth."

"Achieving nineteen consecutive quarters of record sales signifies Apache's solid business execution," said Andrew Yang, CEO of Apache. "We are committed to continue delivering innovative technologies required for our customers to manage power and noise challenges for 65/45nm migrations."

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