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Arteris, Inc. reports developments in semiconductor System IP for complex system-on-chip and chiplet designs. The company’s updates center on network-on-chip interconnect IP, including FlexNoC and FlexGen, SoC integration automation software such as Magillem, and hardware security assurance added through Cycuity.
Recurring news includes financial results and guidance, royalty and design-start metrics, customer deployments with semiconductor companies, and collaborations for AI-enabled automotive, edge computing, embedded, robotics, industrial and consumer applications. Arteris also reports equity inducement grants and other public-company governance actions tied to its Nasdaq-listed security.
Arteris IP (Nasdaq: AIP) announces the adoption of its FlexNoC interconnect IP by Sondrel for advanced driver-assistance systems (ADAS). The FlexNoC solution is recognized for its configurability and performance, targeting the SFA 350A automotive vehicle IP platform. The architecture supports ISO 26262 requirements and enables flexible design for various sensor inputs, enhancing scalability. This collaboration aims to accelerate high-performance compute solutions for the automotive sector, ultimately facilitating the development of custom system-on-chip (SoC) solutions.
Arteris IP (NASDAQ: AIP) will announce its financial results for Q1 2022 on May 10, 2022, post-market close. A conference call for discussion will be held at 4:30 PM ET that same day, accessible via phone and webcast. The company specializes in system IP, particularly network-on-chip interconnect and deployment software, aimed at enhancing SoC development for various applications, including AI and automotive sectors. Their products promise lower power usage, higher performance, and faster development times for clients like Bosch and Samsung.
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Arteris IP (NASDAQ: AIP) announced that Claudia Fan Munce will join its Board of Directors beginning May 2022, bringing over 30 years of experience from IBM. Ms. Munce held several executive roles at IBM, including Vice President of Corporate Development. She is also a venture advisor at New Enterprise Associates and serves on several boards, including Best Buy. Christian Claussen will not seek re-election at the company's upcoming annual meeting on June 14, 2022. CEO K. Charles Janac expressed enthusiasm for Ms. Munce's contributions to Arteris as it aims to lead in the Semiconductor System IP sector.
Arteris IP (NASDAQ: AIP) announced that BMW Group has licensed its FlexNoC interconnect IP for a new chip project, partially funded by the German Federal Ministry of Education and Research. This project aims to enhance automotive artificial intelligence and machine learning capabilities. The FlexNoC technology is chosen for its ability to improve system-level performance, functional safety, and energy efficiency in AI/ML processing. BMW Group is leading the project, focusing on developing an accelerator chip that pushes the boundaries of current technology in energy efficiency and reliability.
Arteris IP (NASDAQ: AIP) has appointed Michal Siwinski as its new Chief Marketing Officer. With over two decades of experience in B2B technology and a proven record at Cadence Design Systems, Siwinski will oversee global marketing and partnership management. His expertise in developing transformative marketing strategies is expected to drive Arteris IP's next growth phase. The company specializes in system-on-chip (SoC) technology, providing critical IP products that enhance semiconductor development for clients across diverse industries.
Arteris IP reported its Q4 and 2021 financial results, showcasing a 19% revenue growth to $11.4 million and an increase in Annual Contract Value to $50 million. The company ended 2021 with 192 Active Customers, a 28% rise from the previous year, and recorded an operating loss of $7.3 million (64% of revenue). For Q1 2022, Arteris forecasts revenue between $10 million and $12 million, with full-year expectations of $47 million to $51 million. The overall RPO is up 26% year-over-year to $60.5 million, indicating strong demand and growth potential in the SoC semiconductor market.
Arteris IP (NASDAQ: AIP) announced that Pankaj Mayor has joined as Executive Vice President of Global Sales, bringing extensive experience from companies like Cadence, Ansys, and GlobalFoundries. Mr. Mayor will oversee worldwide sales, field engineering, and customer support as the company enters a new growth phase. His expertise in semiconductor IP is expected to enhance Arteris IP's market position. CEO K. Charles Janac expressed confidence that Mayor's leadership will help achieve growth objectives in the system IP sector.
Arteris IP (NASDAQ: AIP) has announced the release of its financial results for the fourth quarter and full year ended December 31, 2021. The results will be disclosed after market close on March 3, 2022. A conference call is scheduled for the same day at 4:30 PM ET to discuss the results, accessible via dial-in or a live webcast. Arteris IP focuses on network-on-chip (NoC) interconnect and intellectual property technology for digital SoC devices, serving various sectors including AI, automotive, and IoT.
Arteris IP (NASDAQ: AIP), a provider of network-on-chip (NoC) interconnect and intellectual property technologies, announced its addition to the Russell 2000 Index effective December 20, 2021. This inclusion follows the company's successful IPO in October and expands its visibility in the investment community. The Russell 2000 Index is widely utilized by institutional investors for various investment strategies and benchmarks, with approximately $10.6 trillion in assets tied to Russell's indexes.