Ansys won four TSMC 2024 OIP Partner of the Year awards, highlighting excellence in multiphysics analysis solutions for system design using advanced silicon processes and the rapidly evolving 3D-IC and silicon photonics packaging technologies/ Key Highlights Ansys multiphysics analysis solutions are critical to the successful integration and performance of advanced multi-chip packaging and electronic and photonic co-packaged optics in TSMC's compact universal photonics engine (COUPE) Ansys' joint developme ...

PITTSBURGH, Oct. 17, 2024 /PRNewswire/ -- ANSYS, Inc. (NASDAQ: ANSS) announced today that the Company expects to release its third quarter earnings on Wednesday, November 6, 2024, after the market closes. As previously announced, in light of the pending transaction with Synopsys, Inc. (Synopsys), Ansys has suspended quarterly earnings conference calls and no longer provides quarterly or annual guidance.After the market closes on Wednesday, November 6, 2024, you can find the following information on the inve ...

ANSYS Inc.’s (ANSS) flagship multiphysics analysis solutions are leveraged by Faraday Technology Corporation for the development of advanced designs for modern multi-die 2.5D/3D integrated circuits (ICs). These advanced designs are critical for creating more innovative products with better performance, improved reliability and reduced power usage. Faraday is a premium provider of application-specific integrated circuits or ASIC design services, and the company is known for its extensive silicon Internet Pro ...

Ansys' certified semiconductor solutions will enable Faraday to shorten design cycles of 2.5D/3D-ICs and ensure designs meet signal integrity and performance goals/ Key Highlights Faraday Technology Corporation will use Ansys RaptorX™ on-chip electromagnetic (EM) modeling solution to enhance the development of advanced packaging designs for 2.5D/3D integrated circuits (ICs)Ansys solutions will enable Faraday to optimize its interposer and multi-die designs, supporting better memory bandwidth, signal integri ...

ANSYS Inc (ANSS) recently expanded its long-standing collaboration with TSMC to transform the semiconductor industry by leveraging artificial intelligence (AI) to advance multiphysics solutions to further develop semiconductor technologies and workflows for high-efficiency designs. The initiative will likely address the complexities of designing chips for modern applications like AI, high-performance computing (HPC), data center connectivity and wireless telecommunications. The partnership aims to streamlin ...

Ansys AI technology improves 3D-IC design productivity, while the broader collaboration advances innovative 3D-IC thermal, mechanical stress, and photonic solutions for AI, HPC, and high-speed data communication semiconductors/ Key HighlightsAnsys artificial intelligence (AI)-driven solutions demonstrate higher productivity when designing components of 3D integrated circuits (ICs) and provide seamless automation for critical tasksAnsys multiphysics platform supports TSMC customers' reliability analysis need ...

ANSYS Inc (ANSS) , TSMC and Microsoft (MSFT) have successfully tested a solution that enhances the simulation and analysis process of silicon Photonic Integrated Circuits (PICs). The joined forces have yielded a 10X speed-up in Ansys’ Lumerical FDTD photonic simulations using Microsoft Azure’s NC A100v4-series virtual machines powered by NVIDIA accelerated computing technology operating on Azure AI infrastructure. Silicon PICs (category of optical communications) are a critical component of hyperscale data ...

Big Data refers to vast and diverse collections of structured, unstructured and semi-structured data that inundate businesses on a day-to-day basis. It encompasses the volume of information spurred by digital technology advancements, the velocity or speed at which it is created and collected, and the variety or scope of the data points being covered (known as the "three V's" of Big Data). Over the past few years, three additional V's have gained precedence - value, variability and veracity.By defining big d ...

ANSYS Inc’s (ANSS) $35 billion deal to get acquired by Synopsys (SNPS) is currently under regulatory scrutiny by the U.K. Competition and Markets Authority (“CMA”), according to a Reuters report. Per the report, CMA is concerned that the acquisition could adversely impact competition in the market in Britain but has not yet launched a formal investigation. In January 2024, Ansys inked a definitive agreement to be acquired by Synopsys at roughly $35 billion. Synopsys is a vendor of electronic design automati ...

Earnings Performance - ANSYS Inc reported Q2 2024 earnings of $2 50 per share, beating the Zacks Consensus Estimate by 28 9% and increasing 56 3% year over year [1] - Revenues of $594 1 million surpassed the Zacks Consensus Estimate by 7 9%, rising 20% year over year (22% at constant currency) [1] - The revenue growth was driven by two major multi-year contracts worth $210 million in the automotive and high-tech industries in the Americas region [1] Acquisition Details - ANSYS and Synopsys announced a definitive agreement in January 2024, with Synopsys acquiring ANSYS for approximately $35 billion [1] - ANSYS shareholders will receive $197 in cash and 0 3450 shares of Synopsys common stock per ANSYS share [1] - The deal is expected to close in the first half of 2025 and was approved by ANSYS shareholders during Q2 2024 [1] Financial Outlook - ANSYS has suspended quarterly earnings conference calls and no longer provides a financial outlook due to the pending acquisition [2] - The company expects double-digit ACV and revenue growth in the second half of 2024 and double-digit ACV growth for the full year [2] Revenue Breakdown - Subscription lease revenues (36 8% of total revenues) increased 64 4% year over year at constant currency to $218 6 million [3] - Perpetual licenses revenues (10 9% of total revenues) declined 6% at constant currency to $64 6 million [3] - Maintenance revenues (49 5% of total revenues) grew 9 3% year over year at constant currency to $293 8 million [3] - Service revenues (2 9% of total revenues) decreased 4 5% at constant currency to $17 1 million [3] Regional Revenue Performance - Americas contributed 54 6% to total revenues, with revenues up 47 3% year over year at constant currency to $324 4 million [3] - EMEA contributed 22% to total revenues, with revenues up 4 4% at constant currency to $130 8 million [3] - Asia-Pacific contributed 23 4% to total revenues, with revenues down 1 6% at constant currency to $138 9 million [3] Operating Metrics - Non-GAAP gross margin increased 170 basis points year over year to 92 7% [5] - Total operating expenses rose 10 4% year over year to $367 4 million, primarily due to increased acquisition and personnel costs [5] - Non-GAAP operating margin increased 850 basis points year over year to 44 9% [5] Balance Sheet & Cash Flow - Cash and short-term investments totaled $1,119 3 million as of Jun 30, 2024, up from $1,070 6 million as of Mar 31, 2024 [5] - Long-term debt remained unchanged at $754 million as of Jun 30, 2024 [5] - Cash from operations was $80 7 million in Q2 2024, compared to $62 9 million in the prior-year quarter [5] Deferred Revenues & Backlog - Total deferred revenues and backlog increased 7 6% year over year to $1,394 0 million [4] Industry Comparison - Badger Meter Inc (BMI) reported Q2 2024 EPS of $1 12, beating the Zacks Consensus Estimate by 14 3%, with quarterly net sales of $216 7 million, up 23% year over year [6] - Arista Networks Inc (ANET) reported Q2 2024 EPS of $2 10, beating the Zacks Consensus Estimate by $0 16, with quarterly revenues of $1 69 billion, up 15 8% year over year [7] - SAP SE reported Q2 2024 non-IFRS earnings of €1 10 ($1 18) per share, up 59% year over year, with total revenues of €8 288 billion ($8,921 3 million), up 10% year over year [8]