PITTSBURGH, PA – Ansys reported second quarter GAAP revenue of $305.9 million, up 15.9% year-over-year.

Read more: Ansys Reports Q2 Revenue Up 16%

TEWKESBURY, UK – Trackwise Designs has raised £7 million (US$ 9.11 million) from its initial public offering, with £5.5 million in new equity and the balance to the selling shareholders.

Read more: Trackwise Designs Raises £7M from IPO

SAN JOSE, CA – Cadence Design Systems was selected by the Defense Advanced Research Projects Agency (DARPA) to support the Intelligent Design of Electronic Assets (IDEA) program.

Read more: Cadence Receives DARPA ERI Machine Learning Contract

REDWOOD CITY, CA — Sales of software for printed circuit board and multichip module design jumped 13.8% year-over-year to $193.4 million during the first quarter, according to data released today by the Electronic System Design (ESD) Alliance Market Statistics Service. 

Read more: Electronics Design Software Sales Continue Winning Streak, ESDA Says