According to the EDA Consortium Market Statistics Service, revenue for the electronic design automation industry grew to $1700.1 million in the fourth quarter of 2011. This is an increase of 12.8% compared to the fourth quarter of 2010 ($1507.7 million). Revenue continued to grow in CAE, IC Physical Design and Verification, SIP, and Services compared to the fourth quarter of 2010. Geographically, the Americas, Europe/Middle East/Africa, and Asia/Pacific posted double-digit increases.
Floreat, Inc. announces the immediate availability of FloFax, a suite of host and embedded software-based Fax and Fax over Internet Protocol (FoIP) solutions, and product engineering services for global markets to meet the growing demand of innovative products such as Green fax, IP enabled gateways, next generation fax machines and specialized applications. In addition to reducing time-to-market requirements, these Fax and FoIP software products and services reduce manufacturers’ costs by 50-75%.