Electronic design automation revenues up 10% in Q1 2006

Electronic design automation (EDA) industry revenue for Q1 2006 grew 10% to $1,215 mln, versus $1,108 mln in Q1 2005. Total product revenues, without services, was up 10% to $1,136 mln in Q1 2006 vs. $1,031 mln in Q1 2005. EDA’s largest tool category, Computer-Aided Engineering, generated revenue of $512 mln in Q1 2006, 10% more than the same period in 2005. Printed Circuit Board and Multi-Chip Module revenue decreased 4% in Q1 2006 to $84 mln. IC Physical Design & Verification revenue increased 13% to $315 mln in Q1 2006 compared to Q1 2005. Semiconductor Intellectual Property (SIP) revenue totaled $225 mln in Q1 2006, a 12% increase over Q1 2005. Services revenue was $79 mln in Q1 2006, up 3% from Q1 2005.