Apache Design Solutions Achieves Record Q2 Bookings and Revenue
Company’s Power and Noise Solutions for Chip-Package-System Convergence Continues to Gain Adoption
Design Automation Conference, San Francisco, CA – July 27, 2009 – Apache Design Solutions, the technology leader in power and noise integrity for chip-package-system (CPS) convergence, today announced that the company has achieved record bookings and revenue in Q2, while maintaining profitability. Q2 sales came from a balanced mix of the company’s flagship product RedHawk and the new platforms Sentinel and Totem. The recently announced Totem has already been adopted by over 25 customers to address their power and electro-migration (EM) challenges for memory, mixed-signal, high-speed I/O, and full-custom IP designs. The main contribution towards the company’s Q2 growth came from increasing investments by existing customers, which represents the top tier semiconductor companies.
“Continued investment by our customers during this challenging economic time to reduce system cost and mitigate design risk demonstrates the criticality of our products,” said Craig Shirley, vice president of worldwide sales at Apache.
“Our investments in developing solutions that address system-wide power and noise challenges have allowed us to deliver solutions that meet the needs of the most advanced SoC, IP, packaging, and system designs,” stated Andrew Yang, CEO of Apache. “Apache will continue to execute based on our customer-driven technology roadmap for 32nm and below.”
Apache will be demonstrating their power, noise, and reliability solutions for chip-package-system convergence at the Design Automation Conference (DAC) in San Francisco, California, from July 27 - 30, in booth #722.
About Apache Design Solutions
Apache delivers the industry’s leading global power and noise analyses platform solutions for chip-package-system convergence. Apache's innovative platforms address the unique power and noise challenges associated with specific design domains such as system-on-chip (digital), analog and custom intellectual property (IP), and system (IC package, SiP, PCB), while providing a co-analysis environment that integrates the SoC and system worlds. From early-stage to sign-off, Apache’s products have been adopted by over 100 customers, including 90% of the top independent device manufacturers (IDMs), fabless semiconductor companies, and foundries for cost reduction, risk mitigation, and time-to-market improvements. Apache is a global company with over 150 employees and R&D centers and direct sales / support offices worldwide. For more information, visit www.apache-da.com.
Apache Design Solutions, CMM, CPM, NSPICE, RedHawk, PakSI-E, PsiWinder, Sahara, Sentinel, Totem, and Vectorless Dynamic are trademarks of Apache Design Solutions, Inc.
Contact:
Apache Design Solutions
Yukari Ohno, (408) 457-2000, yukari@apache-da.com
Public Relations for Apache
Cayenne Communication
Michelle Clancy, (252) 940-0981, michelle.clancy@cayennecom.com