Autodesk Posts Sequential Revenue, Profitability and Cash Flow Growth

Autodesk and AutoCAD are registered trademarks or trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. Academy Award is a registered trademark of the Academy of Motion Picture Arts and Sciences. All other brand names, product names, or trademarks belong to their respective holders. Autodesk reserves the right to alter product and service offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document. © 2010 Autodesk, Inc. All rights reserved.

© 2010 Autodesk, Inc. All rights reserved.

Autodesk, Inc.    
Consolidated Statements of Operations
(In millions, except per share data)
 
Three Months Ended Fiscal Year Ended
January 31, January 31,
  2010     2009     2010     2009  
(Unaudited) (Unaudited)
Net revenue:
License and other $ 270.0 $ 310.0 $ 980.7 $ 1,603.4
 
Maintenance   186.1     179.8     733.0     711.8  
 
Total net revenue   456.1     489.8     1,713.7     2,315.2  
 
Cost of revenue:
Cost of license and other revenue 41.3 46.0 179.9

210.2

 
Cost of maintenance revenue   3.1     2.5     11.9    

8.9

 
 
Total cost of revenue   44.4     48.5     191.8     219.1  
 
Gross profit   411.7     441.3     1,521.9     2,096.1  
 
Operating Expenses:
 
Marketing and sales

191.3

218.0

731.9

900.7
 
Research and development

116.8

138.7

457.5

576.1
 
General and administrative

47.1

49.3

197.7

205.7
 

Impairment of goodwill and intangibles

- 128.9 21.0 128.9
 
Restructuring charges   0.4     40.2     48.2     40.2  
 
Total operating expenses  

355.6

    575.1    

1,456.3

    1,851.6  
 
Income (loss) from operations

56.1

(133.8 )

65.6

244.5
 
Interest and other income (expense), net   2.6     (1.8 )   19.1     8.0  
 
Income (loss) before income taxes

58.7

(135.6 )

84.7

252.5
 
(Provision) benefit for income taxes   (8.6 )   30.3     (26.7 )   (68.9 )
 
Net income (loss) $

50.1

  $ (105.3 ) $

58.0

  $ 183.6  
 
Basic net income (loss) per share $ 0.22   $ (0.47 ) $ 0.25   $ 0.81  
 
Diluted net income (loss) per share $ 0.21   $ (0.47 ) $ 0.25   $ 0.80  
 
Shares used in computing basic
net income (loss) per share   229.0     226.3     228.7     225.5  
 
Shares used in computing diluted
net income (loss) per share   233.2     226.3     232.1     230.1  
Autodesk, Inc.
Condensed Consolidated Balance Sheets
(In millions)
 
January 31, January 31,
  2010   2009  
(Unaudited)
 
ASSETS:
 
Current assets:
Cash and cash equivalents $ 838.7 $ 917.6
Marketable securities 161.9 63.5
Accounts receivable, net 277.4 316.5
Deferred income taxes 44.2 31.1
Prepaid expenses and other current assets   57.4   59.3  
Total current assets   1,379.6   1,388.0  
 
Marketable securities 125.6 7.6
Computer equipment, software, furniture and leasehold improvements, net 101.6 120.6
Purchased technologies, net 88.0 113.3
Goodwill 542.9 542.5
Long term deferred income taxes, net 101.9 125.7
Other assets   107.6   123.0  
$ 2,447.2 $ 2,420.7  
 
 
LIABILITIES AND STOCKHOLDERS' EQUITY:
 
Current liabilities:
Accounts payable $ 67.8 $ 62.4
Accrued compensation 115.6 124.3
Accrued income taxes 8.4 16.7
Deferred revenue 444.6 438.8
Borrowings under line of credit - 52.1
Other accrued liabilities   67.6   105.8  
Total current liabilities   704.0   800.1  
 
Deferred revenue 71.9 113.3
Long term income taxes payable 127.2 116.9
Long term deferred income taxes - 22.7
Other liabilities 70.6 57.0
 
Commitments and contingencies
 
Stockholders' equity:
Preferred stock - -
Common stock and additional paid-in capital

1,204.3

1,080.4
Accumulated other comprehensive income (loss)

(3.5

)

(11.2 )
Retained earnings  

272.7

  241.5  
Total stockholders' equity   1,473.5   1,310.7  
$ 2,447.2 $ 2,420.7  
Autodesk, Inc.  
Condensed Consolidated Statements of Cash Flows
(In millions)
Fiscal Year Ended
January 31,
  2010     2009  
(Unaudited)
 
Operating Activities
Net income $

58.0

$ 183.6
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 111.5 91.8
Stock-based compensation expense

93.6

89.5

Impairment of goodwill and intangibles

21.0 128.9
Restructuring charges, net 48.2 38.9
Gain on disposition of assets (2.3 ) -
Charge for acquired in-process research and development - 26.9

Changes in operating assets and liabilities, net of business combinations

  (83.2 )   34.3  
Net cash provided by operating activities   246.8     593.9  
 
Investing Activities:
Purchases of marketable securities (568.9 ) (118.6 )
Sales of marketable securities 26.4 75.0
Maturities of marketable securities 328.7 8.4
Capital expenditures (39.0 ) (78.4 )

Purchases of equity investments

(11.4 ) -
Business combinations, net of cash acquired   (18.8 )   (364.5 )
Net cash used in investing activities   (283.0 )   (478.1 )
 
Financing activities:
Draws on line of credit 2.2 912.4
Repayments of line of credit (54.3 ) (860.3 )
Proceeds from issuance of common stock, net of issuance costs 70.0 90.1
Repurchases of common stock   (63.2 )   (256.6 )
Net cash used in financing activities   (45.3 )   (114.4 )
 
Effect of exchange rate changes on cash and cash equivalents   2.6     (1.7 )
 
Net decrease in cash and cash equivalents (78.9 ) (0.3 )
Cash and cash equivalents at beginning of fiscal year   917.6     917.9  
Cash and cash equivalents at end of period $ 838.7   $ 917.6  
Autodesk, Inc.      
Reconciliation of GAAP financial measures to non-GAAP financial measures
(In millions, except per share data)
 

To supplement our consolidated financial statements presented on a GAAP basis, Autodesk provides investors with certain non-GAAP measures including non-GAAP net income, non-GAAP net income per share, non-GAAP cost of license and other revenue, non-GAAP gross profit, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP interest and other income, net, non-GAAP provision for income taxes and non-GAAP total spend savings. These non-GAAP financial measures are adjusted to exclude certain costs, expenses, gains and losses, including stock-based compensation expense, amortization of purchased intangibles, in-process research and development expenses, restructuring charges, goodwill and intangibles impairment, establishment of a valuation allowance on certain deferred tax assets and related income tax expenses. See our reconciliation of GAAP financial measures to non-GAAP financial measures herein. We believe these exclusions are appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future, as well as to facilitate comparisons with our historical operating results. These adjustments to our GAAP results are made with the intent of providing both management and investors a more complete understanding of Autodesk's underlying operational results and trends and our marketplace performance. For example, the non-GAAP results are an indication of our baseline performance before gains, losses or other charges that are considered by management to be outside our core operating results. In addition, these non-GAAP financial measures are among the primary indicators management uses as a basis for our planning and forecasting of future periods.

 

There are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies. The non-GAAP financial measures are limited in value because they exclude certain items that may have a material impact upon our reported financial results. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with generally accepted accounting principles in the United States. Investors should review the reconciliation of the non-GAAP financial measures to their most directly comparable GAAP financial measures as provided in the tables accompanying this press release.

 
The following table shows Autodesk's non-GAAP results reconciled to GAAP results included in this release.
 
Three Months Ended Fiscal Year Ended
January 31, January 31,
  2010     2009     2010     2009  
(Unaudited) (Unaudited)
 
GAAP cost of license and other revenue $ 41.3 $ 46.0 $ 179.9 $

210.2

Stock-based compensation expense (0.7 ) (0.5 ) (3.1 ) (3.6 )
Amortization of developed technology   (7.6 )   (7.9 )   (32.9 )   (23.2 )
Non-GAAP cost of license and other revenue $ 33.0   $ 37.6   $ 143.9   $

183.4

 
 
GAAP gross profit $ 411.7 $ 441.3 $ 1,521.9 $ 2,096.1
Stock-based compensation expense 0.7 0.5 3.1 3.6
Amortization of developed technology   7.6     7.9     32.9     23.2  
Non-GAAP gross profit $ 420.0   $ 449.7   $ 1,557.9   $ 2,122.9  
 
GAAP marketing and sales $

191.3

$ 218.0 $

731.9

$ 900.7
Stock-based compensation expense  

(8.6

)   (8.6 )  

(41.1

)   (39.2 )
Non-GAAP marketing and sales $ 182.7   $ 209.4   $ 690.8   $ 861.5  
 
GAAP research and development $

116.8

$ 138.7 $

457.5

$ 576.1
Stock-based compensation expense

(6.3

) (6.0 )

(30.0

) (29.3 )
In-process research and development   -     (8.9 )   -     (26.9 )
Non-GAAP research and development $ 110.5   $ 123.8   $ 427.5   $ 519.9  
 
GAAP general and administrative $

47.1

$ 49.3 $

197.7

$ 205.7
Stock-based compensation expense

(3.3

) (3.6 )

(19.4

) (17.5 )

Amortization of customer relationships and trademarks

  (6.0 )   (6.9 )   (25.5 )   (23.4 )
Non-GAAP general and administrative $ 37.8   $ 38.8   $ 152.8   $ 164.8  
 

GAAP impairment of goodwill and intangibles

$ - $ 128.9 $ 21.0 $ 128.9

Impairment of goodwill and intangibles

  -     (128.9 )   (21.0 )   (128.9 )

Non-GAAP impairment of goodwill and intangibles

$ -   $ -   $ -   $ -  
 
GAAP restructuring charges $ 0.4 $ 40.2 $ 48.2 $ 40.2
Restructuring charges   (0.4 )   (40.2 )   (48.2 )   (40.2 )
Non-GAAP restructuring charges $ -   $ -   $ -   $ -  
 
GAAP operating expenses $

355.6

$ 575.1 $

1,456.3

$ 1,851.6
Stock-based compensation expense

(18.2

) (18.2 )

(90.5

) (86.0 )

Amortization of customer relationships and trademarks

(6.0 ) (6.9 ) (25.5 ) (23.4 )

In-process research and development

- (8.9 ) - (26.9 )

Impairment of goodwill and intangibles

- (128.9 ) (21.0 ) (128.9 )
Restructuring charges   (0.4 )   (40.2 )   (48.2 )   (40.2 )
Non-GAAP operating expenses $ 331.0   $ 372.0   $ 1,271.1   $ 1,546.2  
 
GAAP income (loss) from operations $

56.1

$ (133.8 ) $

65.6

$ 244.5
Stock-based compensation expense

18.9

18.7

93.6

89.6
Amortization of developed technology 7.6 7.9 32.9 23.2

Amortization of customer relationships and trademarks

6.0 6.9 25.5 23.4

In-process research and development

- 8.9 - 26.9

Impairment of goodwill and intangibles

- 128.9 21.0 128.9
Restructuring charges   0.4     40.2     48.2     40.2  
Non-GAAP income from operations $ 89.0   $ 77.7   $ 286.8   $ 576.7  
 
GAAP (provision) benefit for income taxes $ (8.6 ) $ 30.3 $ (26.7 ) $ (68.9 )

Establishment of valuation allowance on deferred tax assets

- - 21.0 -

Income tax effect on difference between GAAP and non-GAAP

total costs and expenses at a normalized rate

  (13.1 )   (35.9 )   (68.5 )   (68.0 )

Non-GAAP (provision) for income tax

$ (21.7 ) $ (5.6 ) $ (74.2 ) $ (136.9 )
 
GAAP net income (loss) $

50.1

$ (105.3 ) $

58.0

$ 183.6
Stock-based compensation expense

18.9

18.7

93.6

89.6
Amortization of developed technology 7.6 7.9 32.9 23.2

Amortization of customer relationships and trademarks

6.0 6.9 25.5 23.4
In-process research and development - 8.9 - 26.9

Impairment of goodwill and intangibles

- 128.9 21.0 128.9
Restructuring charges 0.4 40.2 48.2 40.2

Establishment of valuation allowance on deferred tax assets

- - 21.0 -

Income tax effect on difference between GAAP and non-GAAP

total costs and expenses at a normalized rate

  (13.1 )   (35.9 )   (68.5 )   (68.0 )
Non-GAAP net income $ 69.9   $ 70.3   $ 231.7   $ 447.8  
 
GAAP diluted net income (loss) per share $ 0.21 $ (0.47 ) $ 0.25 $ 0.80
Stock-based compensation expense 0.08 0.08 0.40 0.39
Amortization of developed technology 0.03 0.04 0.14 0.10

Amortization of customer relationships and trademarks

0.03 0.03 0.11 0.10
In-process research and development - 0.04 - 0.12

Impairment of goodwill and intangibles

- 0.56 0.09 0.56
Restructuring charges - 0.18 0.21 0.18

Establishment of valuation allowance on deferred tax assets

- - 0.09 -

Income tax effect on difference between GAAP and non-GAAP

total costs and expenses at a normalized rate

  (0.05 )   (0.15 )   (0.30 )   (0.30 )

Non-GAAP diluted net income per share

$ 0.30   $ 0.31   $ 0.99   $ 1.95  
 

GAAP diluted shares used in per share calculation

233.2 226.3 232.1 230.1
Impact of stock-based compensation on diluted shares 0.7 (0.2 ) 0.9 (0.4 )

Shares included in non-GAAP net income per share, but excluded

from GAAP net loss per share as they would have been anti-dilutive

  -     3.0     -     -  

Non-GAAP diluted shares used in per share calculation

  233.9     229.1     233.0     229.7  
 

GAAP total spend savings +

$

423

Stock-based compensation expense

3

Amortization of developed technology

10

Amortization of customer relationships and trademarks

3

In-process research and development

(27

)

Impairment of goodwill and intangibles

(108

)

Restructuring charges

 

8

 

Non-GAAP total spend savings +

$

312

 
 

+ FY 2010 operating expenses and cost of revenue, less FY 2009 operating expenses and cost of revenue

Autodesk, Inc.

 
Other Supplemental Financial Information*
Fiscal Year 2010 QTR 1 QTR 2 QTR 3 QTR 4 YTD 2010
Financial Statistics ($ in millions, except per share data):
Total net revenue $ 426 $ 415 $ 417 $ 456 $ 1,714
License and other revenue $ 244 $ 231 $ 236 $ 270 $ 981
Maintenance revenue $ 182 $ 184 $ 181 $ 186 $ 733
 
GAAP Gross Margin 88 % 88 % 89 % 90 % 89 %
Non-GAAP Gross Margin (1)(2) 90 % 90 % 92 % 92 % 91 %
 
GAAP Operating Expenses $ 393 $ 362 $ 346 $ 356 $

1,456

GAAP Operating Margin -5 % 1 % 6 % 12 % 4 %
GAAP Net Income (Loss) $ (32 ) $ 10 $

30

$

50

$

58

GAAP Diluted Net Income (Loss) Per Share $ (0.14 ) $ 0.05 $ 0.13 $ 0.21 $ 0.25
 
Non-GAAP Operating Expenses (1)(3) $ 327 $ 308 $ 305 $ 331 $ 1,271
Non-GAAP Operating Margin (1)(4) 13 % 16 % 18 % 20 % 17 %
Non-GAAP Net Income (1)(5) $ 42 $ 57 $ 63 $ 70 $ 232
Non-GAAP Diluted Net Income Per Share (1)(6) $ 0.18 $ 0.24 $ 0.27 $ 0.30 $ 0.99
 
Total Cash and Marketable Securities $ 966 $ 1,029 $ 1,054 $ 1,126 $ 1,126
Days Sales Outstanding 49 49 47 55 55
Capital Expenditures $ 14 $ 11 $ 6 $ 9 $ 39
Cash from Operations $ 27 $ 47 $ 47 $ 126 $ 247
GAAP Depreciation and Amortization $ 27 $ 28 $ 29 $ 27 $ 111
 
Deferred Maintenance Revenue Balance $ 469 $ 444 $ 420 $ 464 $ 464
 
Revenue by Geography (in millions):
Americas $ 163 $ 159 $ 164 $ 168 $ 655
Europe $ 167 $ 157 $ 159 $ 188 $ 671
Asia/Pacific $ 96 $ 99 $ 94 $ 100 $ 388
 
Revenue by Segment (in millions):***
Platform Solutions and Emerging Business $ 156 $ 150 $ 154 $ 165 $ 624
Architecture, Engineering and Construction $ 128 $ 123 $ 125 $ 137 $ 514
Manufacturing $ 94 $ 95 $ 90 $ 108 $ 387
Media and Entertainment $ 48 $ 47 $ 48 $ 46 $ 189
Other $ - $ - $ - $ - $ -
 
Other Revenue Statistics:
% of Total Rev from AutoCAD and AutoCAD LT*** 33 % 31 % 32 % 31 % 32 %
% of Total Rev from 3D design products 29 % 29 % 29 % 29 % 29 %
% of Total Rev from Emerging Economies 14 % 15 % 15 % 16 % 15 %
Upgrade Revenue (in millions) $ 43 $ 26 $ 26 $ 37 $ 133
 

Favorable (Unfavorable) Impact of U.S. Dollar

Translation Relative to Foreign

Currencies Compared to Comparable Prior Year Period (in millions):
FX Impact on Total Net Revenue $ (31 ) $ (24 ) $ (4 ) $ 22 $ (36 )
FX Impact on Total Operating Expenses $ 22 $ 14 $ 2 $ (10 ) $ 28
FX Impact on Total Net Income (Loss) $ (9 ) $ (10 ) $ (2 ) $ 12 $ (8 )
 
Gross Margin by Segment (in millions):***
Platform Solutions and Emerging Business $ 146 $ 140 $ 147 $ 157 $ 590
Architecture, Engineering and Construction $ 116 $ 110 $ 113 $ 125 $ 465
Manufacturing $ 86 $ 88 $ 84 $ 101 $ 359
Media and Entertainment $ 34 $ 36 $ 38 $ 37 $ 144
Unallocated amounts $ (9 ) $ (9 ) $ (10 ) $ (8 ) $ (36 )
 
Common Stock Statistics:
GAAP Shares Outstanding 228,219,000 229,666,000 229,665,000 228,881,000 228,881,000
GAAP Fully Diluted Weighted Average Shares Outstanding 227,080,000 232,286,000 232,947,000 233,324,000 232,314,000
Shares Repurchased - - 1,673,000 1,002,000 2,675,000
 
Installed Base Statistics:
Maintenance Installed Base ** 1,719,000 2,299,000 2,236,000 2,250,000 2,250,000
 

*

Totals may not agree with the sum of the components due to rounding.

**

The second quarter of fiscal 2010 maintenance installed base includes a one-time adjustment of 581,000 educational seats for users migrated to a standard educational maintenance plan. These users were not previously captured in our maintenance installed base.

***

In the third quarter of fiscal 2010, Autodesk changed its methodology for allocating certain revenue transactions, including gains and losses from foreign currency. The second quarter of fiscal 2010 amounts have been reclassified to conform to the current presentation. The change in methodology did not have a material effect on any other period.

 

(1)

To supplement our consolidated financial statements presented on a GAAP basis, Autodesk provides investors with certain non-GAAP measures including non-GAAP net income, non-GAAP net income per share, non-GAAP cost of license and other revenue, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP interest and other income, net and non-GAAP provision for income taxes. These non-GAAP financial measures are adjusted to exclude certain costs, expenses, gains and losses, including stock-based compensation expense, restructuring charges, amortization of purchased intangibles, goodwill impairment, establishment of a valuation allowance on certain deferred tax assets and related income tax expenses. See our reconciliation of GAAP financial measures to non-GAAP financial measures herein. We believe these exclusions are appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future, as well as to facilitate comparisons with our historical operating results. These adjustments to our GAAP results are made with the intent of providing both management and investors a more complete understanding of Autodesk's underlying operational results and trends and our marketplace performance. For example, the non-GAAP results are an indication of our baseline performance before gains, losses or other charges that are considered by management to be outside our core operating results. In addition, these non-GAAP financial measures are among the primary indicators management uses as a basis for our planning and forecasting of future periods.

 
There are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies. The non-GAAP financial measures are limited in value because they exclude certain items that may have a material impact upon our reported financial results. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with generally accepted accounting principles in the United States. Investors should review the reconciliation of the non-GAAP financial measures to their most directly comparable GAAP financial measures as provided in the tables accompanying Autodesk's press release.
 
Fiscal Year 2010 QTR 1 QTR 2 QTR 3 QTR 4 YTD 2010
 

(2)

GAAP Gross Margin

88 % 88 % 89 % 90 % 89 %
Stock-based compensation expense 0 % 0 % 0 % 0 % 0 %
Amortization of developed technology   2 %   2 %   3 %   2 %   2 %
Non-GAAP Gross Margin 90 % 90 % 92 % 92 % 91 %
 

(3)

GAAP Operating Expenses

$ 393 $ 362 $ 346 $ 356 $ 1,457
Stock-based compensation expense (22 ) (21 ) (30 ) (19 ) (91 )
Amortization of customer relationships and trademarks (6 ) (7 ) (6 ) (6 ) (26 )
Restructuring charges (17 ) (26 ) (5 ) - (48 )

Impairment of goodwill

  (21 )   -     -     -     (21 )
Non-GAAP Operating Expenses $ 327 $ 308 $ 305 $ 331 $ 1,271
 

(4)

GAAP Operating Margin

-5 % 1 % 6 % 12 % 4 %
Stock-based compensation expense 5 % 5 % 7 % 4 % 5 %
Amortization of developed technology 2 % 2 % 2 % 2 % 2 %
Amortization of customer relationships and trademarks 2 % 2 % 2 % 2 % 2 %
Restructuring charges 4 % 6 % 1 % 0 % 3 %

Impairment of goodwill

  5 %   0 %   0 %   0 %   1 %
Non-GAAP Operating Margin 13 % 16 % 18 % 20 % 17 %
 

(5)

GAAP Net Income (Loss)

$ (32 ) $ 10 $ 30 $

50

$

58

Stock-based compensation expense 23 21 30

19

93

Amortization of developed technology 8 8 9 8 33
Amortization of customer relationships and trademarks 6 7 6 6 26
Establishment of valuation allowance on deferred tax assets 21 - - - 21

Impairment of goodwill

21 - - - 21
Restructuring charges 17 26 5 - 48

Income tax effect on difference between GAAP and non-GAAP

total costs and expenses at a normalized rate

  (22 )   (16 )   (17 )   (13 )   (68 )
Non-GAAP Net Income $ 42 $ 56 $ 63 $

70

$ 232
 

(6)

GAAP Diluted Net Income (Loss) Per Share

$ (0.14 ) $ 0.05 $ 0.13 $ 0.21 $ 0.25
Stock-based compensation expense 0.10 0.09 0.13 0.08 0.40
Amortization of developed technology 0.04 0.03 0.04 0.03 0.14
Amortization of customer relationships and trademarks 0.03 0.03 0.02 0.03 0.11
Establishment of valuation allowance on deferred tax assets 0.09 - - - 0.09

Impairment of goodwill

0.09 - - - 0.09
Restructuring charges 0.07 0.11 0.02 - 0.21

Income tax effect on difference between GAAP and non-GAAP

total costs and expenses at a normalized rate

  (0.10 )   (0.07 )   (0.07 )   (0.05 )   (0.30 )
Non-GAAP Diluted Net Income Per Share $ 0.18 $ 0.24 $ 0.27 $ 0.30 $ 0.99

« Previous Page 1 | 2 | 3 | 4  Next Page »



Review Article Be the first to review this article
Aldec


Featured Video
Editorial
Roberto FrazzoliEDACafe Editorial
by Roberto Frazzoli
Intel’s new CEO: comments from media and analysts
More Editorial  
Latest Blog Posts
2021 EDACafe PredictionsEDACafe Editorial
by 2021 EDACafe Predictions
PRFI Predictions for 2021
Jobs
Staff SerDes Applications Design Engineer for Xilinx at San Jose, California
Senior HID Sensor Algorithm Architect for Apple Inc at Cupertino, California
Physical Design Engineer for Cirrus Logic, Inc. at Austin, Texas
Technical Marketing Mmanager for EDA Careers at Fremont, California
ASIC Engineer for Amazon at seattle, Washington
Senior Java Developer/Architect for EDA Careers at Varies, North Carolina
Upcoming Events
Si2 AI/ML Winter Workshop at United States - Jan 29, 2021
virtual DATE 2021 at France - Feb 1 - 5, 2021
SEMI Technology Unites Global Summit at United States - Feb 15 - 19, 2021
DVCon U.S. 2021 at Virtual - Mar 1 - 4, 2021
Verific: SystemVerilog & VHDL Parsers
TrueCircuits:



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise