Silvaco Enhances Portfolio with Strategic Acquisition from Cadence
Deal News | Mar 04, 2025 | Globenewswire
Silvaco Group, Inc., a renowned provider of TCAD, EDA software, and SIP solutions, announced the acquisition of Cadence's Process Proximity Compensation (PPC) product line, which includes an optical proximity correction suite of tools. This move is expected to strengthen Silvaco's market position by integrating Cadence's advanced OPC expertise with its existing suite of semiconductor design solutions. The acquisition aims to enhance Silvaco’s capability to offer comprehensive computational lithography solutions needed for modern semiconductor manufacturing at advanced nodes. The integration will be seamless, aiming to maintain continuity for existing customers and partners while opening new go-to-market opportunities. The acquisition also adds significant value to Silvaco's AI-based FTCO platform and other advanced semiconductor technologies. The announcement closes a successful year for Silvaco, which reported record bookings and revenue, setting the stage for continued growth in 2025.
Sectors
- Semiconductors
- Software & Technology
Geography
- United States – Both Silvaco and Cadence are headquartered in the United States, and the announcement is made from Santa Clara, California.
- Global – Silvaco has a worldwide presence with offices across North America, Europe, Asia, and South America, reflecting its global operations.
Industry
- Semiconductors – The article discusses the acquisition of Cadence's optical proximity correction tools, which are used in semiconductor design and manufacturing processes.
- Software & Technology – Silvaco and Cadence both operate in the electronic design automation (EDA) software space, impacting the technology industry.
Financials
Participants
Name | Role | Type | Description |
---|---|---|---|
Silvaco Group, Inc. | Acquirer | Company | A provider of TCAD, EDA software, and SIP solutions, specializing in semiconductor design and digital twin modeling. |
Cadence Design Systems, Inc. | Vendor | Company | Provider of electronic design automation software and engineering services, selling its PPC product line to Silvaco. |
Babak Taheri | CEO of Silvaco | Person | CEO of Silvaco, overseeing the acquisition and integration of Cadence’s PPC tools. |
Chin-Chi Teng | SVP and General Manager at Cadence | Person | Responsible for the Digital & Signoff Group at Cadence and involved in the transition of the PPC team to Silvaco. |