EDA Industry: Consolidation Remains a Priority
As per a recent report by the EDA Consortium, the industry’s revenues have declined 10.7% over the year in the first quarter of 2009 to $1.192 billion after registering single-digit growth in 2008 and double-digit growth in 2007. Computer-Aided Engineering, the largest product category, saw revenues fall 19% over the year in the first quarter to $427.9 million, while IC Physical Design & Verification revenue, the second-largest category, fell 5% over the year to $302.2 million.
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