Silvaco Group, Inc. ( (SVCO) ) has provided an update.
On March 4, 2025, Silvaco, Inc., a subsidiary of Silvaco Group, Inc., completed the acquisition of Cadence Design Systems, Inc.’s Process Proximity Compensation product line, an optical proximity correction tool. This strategic acquisition is expected to enhance Silvaco’s market position by integrating Cadence’s OPC expertise and technology, thereby advancing Silvaco’s AI-based FTCO platform and computational lithography solutions. The acquisition aims to provide seamless integration and continuity for existing customers, while unlocking new market opportunities and fostering customer collaborations. Silvaco anticipates that this move will drive further innovation and growth in the semiconductor manufacturing sector.
More about Silvaco Group, Inc.
Silvaco Group, Inc., headquartered in Santa Clara, California, is a provider of technology computer-aided design (TCAD), electronic design automation (EDA) software, and semiconductor intellectual property (SIP) solutions. These solutions enable semiconductor design and digital twin modeling through AI software and innovation, serving various markets including display, power devices, automotive, memory, high-performance computing, foundries, photonics, internet of things, and 5G/6G mobile markets.
YTD Price Performance: -24.42%
Average Trading Volume: 171,058
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $176.2M
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