January 27, 2015 2:45 PM ET

Commercial Services and Supplies

Company Overview of Electronic Design Automation Consortium

Company Overview

Electronic Design Automation Consortium (EDAC) is a membership organization that provides tools and services to design electronics for communications, computer, space technology, and medical and industrial equipment markets. The organisation offers Market Statistics Service (MSS), Industry trade show sponsorship, The Kaufman Award, and communication and awareness programs to spread awareness about the EDA industry. Its members include AccelChip Inc., Eagleware, FTL Systems Inc., LogicVision Inc., and Sigma-C Inc. EDAC was founded in 1989 and is headquartered in San Jose, California.

111 West Saint John Street

Suite 220

San Jose, CA 95113-1104

United States

Founded in 1989

Phone:

408-287-3322

Fax:

408-283-5283

Key Executives for Electronic Design Automation Consortium

Executive Director
Chief Financial Officer and Treasurer
Corporate Secretary
Marketing Manager
Compensation as of Fiscal Year 2014.

Electronic Design Automation Consortium Key Developments

EDA Consortium Elects Officers and Board Members

The Electronic Design Automation Consortium (EDAC) announced that it has elected the Board of Directors and elected officers to serve the organization through spring 2016. Lip-Bu Tan, President and CEO of Cadence Design Systems, and John Kibarian, President, CEO, and co-founder of PDF Solutions Inc., were elected as co-Chairs through 2016. In addition to the officers listed above, the EDA Consortium Board includes one new member and six continuing members: Raul Camposano, CEO, Nimbic, Inc; Edmund Cheng, President and CEO, Gradient Design Automation; Aart de Geus, Chairman and CEO, Synopsys, Inc; Dean Drako, President and CEO, IC Manage; Grant Pierce, CEO, Sonics (new); Walden C. Rhines, Chairman and CEO, Mentor Graphics Corporation and Simon Segars, CEO, ARM. The new board was elected by the EDA Consortium voting members during the voting period ending May 23, 2014. The board co-chairmen were elected at the first meeting of the new board, held on May 29. At the same meeting, the new board reappointed corporate officers Robert M. Gardner CFO and Treasurer, and Mark White, Partner, White Summers Caffee & James, LLP, Corporate Secretary.

EDA Consortium Reports Revenue Results for the Fourth Quarter and Full Year 2013

EDA Consortium reported revenue results for the fourth quarter and full year 2013. For the quarter, the company reported that the Electronic Design Automation (EDA) industry revenue increased 5.7% to $1,880.5 million, compared to $1,779.1 million in fourth quarter of 2012. Sequential EDA revenue increased 8.7% compared to third quarter of 2013, while the four-quarters moving average, which compares the most recent four quarters to the prior four quarters, increased by 6.1%. For the year, the company reported total revenue of $6,931.7 million.

EDA Consortium Announces Sales Results for the Third Quarter of 2013

EDA Consortium announced sales results for the third quarter of 2013. For the quarter, the company announced that the Electronic Design Automation (EDA) industry revenue increased 6.8% to $1,729.3 million compared to $1,619.9 million a year ago. Sequential EDA revenue increased 4.6% compared to second quarter of 2013, while the four-quarters moving average, which compares the most recent four quarters to the prior four quarters, increased by 5.8%. The total revenue for the most recent four quarters (fourth quarter of 2012 through third quarter of 2013) was $6,830.3 million.

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