News & Analysis

Some good news for a change (EVE is red hot)

Clive Maxfield

5/6/2008 10:59 AM EDT

Generally speaking, I tend to have little interest in non-technical announcements such as new rounds of funding, new employee hires, or end-of-year fiscal reports.

On the other hand... there seems to be a lot of "doom and gloom" these days, so I was delighted to hear the news that the folks at EVE (www.eve-team.com), who specialize in FPGA-based hardware/software co-verification, have just announced that they closed their fiscal year 2008 with year-over-year revenue growth of 40% and a compounded annual growth rate (CAGR) of 100% over the last four years.

So it's good news for a change – Cool Beans!

This news comes after EVE expanded its customer base to a total of 57 customers and approximately 300 systems installed worldwide. EVE added multiple new customers in leading industries, including Sony Corporation in digital camera (DSC), LSI Logic Corporation in consumer, and Renesas Technology, Marvell Technology Group Ltd. and Qualcomm Incorporated in wireless.

This past year saw volume deployment of ZeBu-XXL, an emulation platform with a top speed of 20 megahertz and a maximum capacity of 100-million application specific integrated circuits (ASIC) gates in a small chassis. By interconnecting three boxes, this can be expanded to 300-million ASIC gates; indeed, several multi-box configurations were installed worldwide in fiscal year 2008.





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