Log in / Register
  • Fundamentals of Signal Integrity at Various Frequencies

    Fundamentals of Signal Integrity at Various Frequencies

    Tips and tricks for applications of all speeds, from 1MHz to gigabit level.
      READ MORE...

  • Metal Health

    Metal Health

    Whether in wire or trace form, keep copper thickness in mind for your design.
      READ MORE...

  • The Drive for Innovation

    The Drive for Innovation

    On the cusp of 6G, are we also on the verge of a materials breakthrough?
      READ MORE...

  • Young Guns: The 2024 Designers Salary Survey

    Young Guns: The 2024 Designers Salary Survey

    The annual snapshot of the industry finds the PCB design workforce is – at last – skewing younger.
      READ MORE...

  • PCB Design. No Humans Required.

    PCB Design. No Humans Required.

    An electronics startup is developing AI-driven design software that lessens manual intervention.
      READ MORE...

Homepage Slideshow

Ansys Reports 20% Increase in Q2 Revenue

Published: 01 August 2024
 by Tyler Hanes

PITTSBURGH, PA – Ansys announced second quarter revenue of $594.1 million, an increase of 19.6% from the second quarter of 2023.

The company said the increase in revenue was driven by two multi-year contracts with a combined value of $210 million, one in the automotive industry and one in the high-tech industry, that were booked during the second quarter in the Americas region.

In January, Ansys entered into a definitive agreement to be acquired by Synopsys, which was approved by shareholders in the second quarter and is expected to close in the first half of 2025. In light of the pending transaction, Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance.

Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article