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Home > Company Index > Computer Software & Services > Engineering, Scientific & CAD-COM Software > Innoveda, Inc.
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Innoveda, Inc. |
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NEWS FROM THE WIRES |
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Innoveda to take restructuring charge Aug 23 2001 02:23 PM PDT
> More WIRE STORIES about this company
PROFILE |
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Formed in a 2000 deal between electronic design automation software makers Summit Design and Viewlogic Systems, Innoveda takes electronics design beyond the chip. Innoveda's software automates systems design, tests printed circuit board (PCB) designs, and connects engineers to Internet resources. The company's software targets engineers in the networking, telecom, consumer electronics, computer, automotive, and industrial markets. Innoveda's largest shareholder, venture capital firm The Sprout Group (nearly 25%), provided the equity in 1998 when a management-led group bought back the PCB design portion of Viewlogic, which Synopsys had bought in 1997; Synopsys owns 7% of Innoveda. Wells Fargo owns 23% of the company.
COMPETITION |
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Cadence Design Systems, Inc. (CDN)
Mentor Graphics Corporation (MENT)
Synopsys, Inc. (SNPS)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 89.90
1-Yr. Sales Growth: 197.7%
Employees: 529
Revenue per employee: $169,943.29
KEY PEOPLE |
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William J. Herman
CEO
Kevin P. O'Brien
CFO
CONTACT INFO |
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293 Boston Post Rd. W.
Marlboro, MA 01752
US
Phone: 508-480-0881
Fax: 508-480-0882
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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