Silvaco Expands Horizons with Strategic Acquisition of Tech-X Corporation
Deal News | Apr 29, 2025 | Globenewswire
Silvaco Group, Inc., a leading provider of semiconductor design and digital twin modeling solutions, has announced its acquisition of Tech-X Corporation. Tech-X is renowned for its advanced multi-physics simulation software used in applications such as Photonics, Electromagnetics, and Plasma Dynamics. This strategic acquisition will allow Silvaco to enhance its AI application offerings by integrating Tech-X's cutting-edge simulation tools with its Victory TCAD platform, thereby enabling more accurate digital twin models for various industries. The deal also marks a significant step in Silvaco's growth strategy, expanding their capabilities in fast multi-physics simulation for semiconductor and photonics markets. The collaboration is expected to accelerate innovation and expand market reach, with Tech-X's expertise, particularly in high-performance computing, being a crucial asset. Needham & Company acted as the financial advisor in this transaction.
Sectors
- Semiconductor
- Photonics
- Artificial Intelligence
Geography
- United States – Silvaco is headquartered in Santa Clara, California and Tech-X is based in Boulder, Colorado, indicating a domestic transaction within the U.S.
- Global – Silvaco has a worldwide presence with offices across North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan, reflecting the global impact of the acquisition.
Industry
- Semiconductor – The acquisition helps enhance Silvaco's capabilities in semiconductor design and manufacturing technologies, a core part of their business.
- Photonics – Tech-X Corporation's strength in photonics simulation aligns with Silvaco's aim to penetrate deeper into the photonics industry.
- Artificial Intelligence – The integration of Tech-X’s tools is intended to bolster Silvaco's offerings in AI-driven digital twin modeling.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Silvaco Group, Inc. | Bidding Company | Company | A provider of TCAD, EDA software, and SIP solutions for semiconductor and digital twin modeling. |
| Tech-X Corporation | Target Company | Company | A company specializing in multi-physics simulation software for photonics, electromagnetics, and plasma dynamics. |
| Needham & Company | Financial Advisor | Company | Acted as the financial advisor to Silvaco in the transaction. |
| Babak Taheri | CEO | Person | Chief Executive Officer of Silvaco, commented on the strategic benefits of the acquisition. |
| John Cary | CTO | Person | CTO of Tech-X Corporation and Professor of Physics, whose expertise will contribute to Silvaco's innovation. |