During the nominal first quarter, the company announced the availability of the Veloce®2 platform, the next generation of emulation solutions for the verification of electronic system and system-on-chip (SoC) designs.
This included the announcement of a new environment called Veloce VirtuaLAB, giving verification engineers access to a full environment for verifying complex electronics systems prior to first silicon availability without requiring the building of hardware test systems.
The company also announced the latest release of the PADS® desktop solution for PCB design, with new features addressing design-for-manufacturing analysis, high-speed and interactive routing.
Additionally the quarter saw the latest release of the Questa® functional verification platform for complex SoC, ASIC and FPGA designs.
“Continued focus on cost controls, a favorable product mix, and better than forecasted profitability in the business have allowed us to raise earnings guidance for the year. We also reaffirm revenue guidance at $1.1 billion for the year as we expect increased Veloce2 emulation shipments beginning in the second quarter as production capacity increases,” said Gregory K. Hinckley, president of Mentor Graphics.
“We are pleased that we have achieved an operating margin in the first quarter that is already near our fiscal year target. With a record backlog at the start of the year and strong demand for our products at advanced process nodes, we remain confident in our outlook for the rest of the fiscal year.”
For the full fiscal year 2013, the company reaffirms that it expects revenues of about $1.1 billion, and raises its outlook for GAAP earnings per share by $.07 to $1.20.
For the nominal second quarter, the company expects revenues of about $240 million, and GAAP earnings per share of $0.10.
Mentor Graphics self description
Mentor Graphics Corporation is a world leader in electronic hardware and software design solutions, providing products, consulting services and award-winning support for the world’s
most successful electronic, semiconductor and systems companies. Established in 1981, the company reported revenues in the last fiscal year of about $1,015 million. Corporate
headquarters are located at 8005 S.W. Boeckman Road, Wilsonville, Oregon 97070-7777. World Wide Web site: http://www.mentor.com/.
(Mentor Graphics, Veloce, Questa and PADS are registered trademarks of Mentor Graphics Corporation. All other company and/or product names are the trademarks and/or registered trademarks of their respective owners.)
Breaking News from Mentor Graphics
24th Annual MGC PCB Technology Leadership Awards
On June 18, 2012 Mentor Graphics Corporation announced the call-for-entries of its 24th annual Technology Leadership Awards (TLA) competition, continuing its tradition of recognizing excellence in printed circuit board (PCB) design.
The modern PCB portion of Mentor Graphics was covered extensively in the EDA WEEKLY July 25, 2011, in an article entitled, “Back to the Future”:
Started at the PCB Division in 1988, the TLA program is the longest running competition of its kind in the electronic design automation (EDA) industry. It recognizes engineers and CAD designers who use Mentor’s innovative technology to address today’s complex PCB systems design challenges and produce industry-leading products.
Prominent experts in the PCB industry will judge the 24th Annual contest, including : Happy Holden, director of electronics technologies, Gentex Corporation; Gary Ferrari, technical support director, FTG Circuits; Pete Waddell, president of UP Media, publisher of Printed Circuit Design & Fab/Circuits Assembly Magazine; Andy Kowalewski, senior interconnect designer, AdvantagePCB; and Rick Hartley, senior principal engineer, Avionics Division of L-3 Communications. Brief BIOS and snapshots of each of the judges are given at the end of this article
"I'm pleased to see Mentor's continued support for this program,” stated Andy Kowalewski, senior interconnect designer, AdvantagePCB. “PCB designers are constantly facing new challenges and finding innovative solutions to address them. The Technology Leadership Awards are a great way to showcase the leading-edge design approaches they're utilizing, and recognize the designers and their contribution to the PCB industry.”
The writer of this EDA & MCAD/MCAE Almanac has been invited to participate as an honorary TLA judge this year as well, to recognize his strong support of the fledgling TLA Contest when he was VP/GM of the PCB Division in the early years of both the division’s existence and the TLA Contest’s existence. “One of the keys to the success of the TLA program back then was to tap well-known industry experts to judge customer entries. That tradition continues 20 years later as Mentor Graphics has again achieved PCB market leadership,” says the writer.
Back in the early 90’s, the PCB Division GM often traveled to nearby or distant customer sites with the respective MGC sales teams, for formal presentations of these Awards, such as the presentation by GM Henke (center) to
Siemens Plessey Radar on the Isle of Wight, UK, shown below:
This year, entrants will be able to submit their design accomplishments in any of seven categories representing a wide variety of industries:
- Consumer electronics and handheld
- Industrial control, instrumentation, security and medical
- Military and aerospace
- Computers, blade and servers, memory systems
- Telecom, network controllers, line cards
- Transportation and automotive
“Our annual PCB Technology Leadership Awards contest provides a worldwide opportunity for talented designers to showcase innovative designs. Each year we see ever increasing challenges and the use of new technologies implemented,” said Dan Boncella, director of marketing, Systems Design Division, Mentor Graphics. “The submissions for this contest are really quite impressive. We are expecting this year’s competition to be bigger than ever, with entries from many major electronics companies as well as from smaller teams.”
Several of the winning boards FROM LAST YEAR’S AWARD WINNERS are imaged at various locations in these paragraphs, without attribution.
Winners of the 2012 awards will be named for each category as well as a Best Overall Design recipient. The timeframe for submitting entries is from June 11th through July 31, 2012.
Want to enter?
Entrants can apply online at
www.mentor.com/go/tla. This web page also has a video from the judges with helpful hints on how to win.