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Silvaco Announces CEO Transition
Globenewswire· 2025-08-22 02:02
Core Insights - Silvaco Group, Inc. has appointed Dr. Walden C. Rhines as the new CEO following the departure of Dr. Babak Taheri, who led the company for nearly seven years and oversaw its initial public offering [1][2] - Dr. Rhines expressed confidence in Silvaco's market position and technology offerings, emphasizing the company's potential for growth and shareholder value creation [2][3] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [4] - The company's solutions cater to various markets, including semiconductor and photonics processes, automotive, memory, high-performance computing, and 5G/6G mobile markets [4] - Silvaco is headquartered in Santa Clara, California, with a global presence across North America, Europe, Asia, and other regions [4]
Silvaco's CEO, Babak Taheri, to Attend the Jefferies' Semis, IT Hardware & Comm Tech Summit in Chicago
Globenewswire· 2025-08-13 13:15
SANTA CLARA, Calif., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO, “Silvaco”), a provider of TCAD, EDA software, and SIP solutions that enable innovative semiconductor design and digital twin modeling through AI software and innovation, today announced that Silvaco’s Chief Executive Officer, Dr. Babak Taheri, will be participating in the Jefferies’ Semis, IT Hardware & Comm Tech Summit in Chicago. Date: Tuesday, August 26 – Wednesday, August 27, 2025Time: 9:00 a.m. – 5:00 p.m. Central ...
Silvaco Reports Second Quarter 2025 Financial Results
Globenewswire· 2025-08-06 20:13
Achieved Gross Bookings of $12.91 Million and Revenue of $12.05 Million Landed 10 New Logos in Photonics, Automotive, Military, Foundry, and Power Achieved Trailing Twelve-Month ACV Growth of 26% SANTA CLARA, Calif., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO) (“Silvaco” or the “Company”), a provider of TCAD, EDA software, and SIP solutions that enable innovative semiconductor design and digital twin modeling through AI software and innovation, today announced its second quarter 2 ...
Silvaco to Acquire Mixel, Inc. a Provider of Low-Power, High-Performance Mixed-Signal Connectivity IP Solutions
Globenewswire· 2025-07-29 20:30
SANTA CLARA, Calif., July 29, 2025 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (“Silvaco”) (NASDAQ: SVCO), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that it has entered into a definitive agreement to acquire Mixel Group, Inc. (“Mixel”) for a combination of cash and stock. The acquisition expands Silvaco’s semiconductor IP offering into high-growth end markets, including mobile, automotive, vi ...
Silvaco Strengthens Leadership Team with Three Industry Veterans to Drive Innovation and Growth
Globenewswire· 2025-07-24 13:15
Core Insights - Silvaco Group, Inc. has announced the addition of three experienced leaders to its management team, aimed at enhancing innovation and operational excellence in semiconductor design and software development [1][2][3][4] Leadership Additions - Andrew Wright has been appointed as Senior Vice President and General Manager of the Semiconductor IP Business Unit, bringing extensive experience from his previous roles at Efabless and Cypress Semiconductor [2][3] - Jasvinder Singh will lead the EDA Business Unit, with over 20 years of experience in EDA, AI, and semiconductor systems, having held senior positions at Synopsys and Cadence [3] - John Berg has been named Vice President of Business Development, contributing over two decades of experience in quantum computing and semiconductor electronics, previously serving at PsiQuantum and Cypress Semiconductor [4] Strategic Goals - The new leadership is expected to strengthen Silvaco's ability to innovate and scale its organic growth, positioning the company to broaden its market presence and enhance customer value [2]
Silvaco Announces Date of Second Quarter 2025 Financial Results Conference Call
Globenewswire· 2025-07-23 20:10
Core Viewpoint - Silvaco Group, Inc. will announce its financial results for Q2 2025 on August 6, 2025, and will provide a full-year outlook during a conference call [1][2]. Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and AI through innovative software [3]. - The company's solutions are utilized in various sectors including display, power devices, automotive, memory, high-performance computing, foundries, photonics, IoT, and 5G/6G mobile markets for complex SoC design [3]. - Silvaco is headquartered in Santa Clara, California, and has a global presence with offices in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan [3]. Financial Results Announcement - The financial results for the second quarter ended June 30, 2025, will be released after market close on August 6, 2025 [1]. - A conference call will be held at 5:00 p.m. Eastern time to discuss the results and the full-year outlook [1][3]. - An earnings presentation and supplemental financial results will be available on the company's investor relations website [2]. Conference Call Details - Participants can register for the conference call to receive dial-in numbers and a unique PIN [2]. - An archived replay of the conference call will be accessible on the investor relations website for a limited time after the call [2].
Silvaco and Fraunhofer ISIT Collaborate to Advance Next-Generation GaN Device Technology using Silvaco's DTCO Flow
Globenewswire· 2025-06-24 13:15
Core Insights - Silvaco Group, Inc. has announced a strategic R&D collaboration with Fraunhofer Institute for Silicon Technology (ISIT) to accelerate the development of next-generation Gallium Nitride (GaN) devices using Silvaco's Power Devices Solution for Design Technology Co-Optimization (DTCO) [1][3] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [4] - The company serves various markets including display, power devices, automotive, memory, high-performance computing, foundries, photonics, IoT, and 5G/6G mobile markets for complex SoC design [4] - Silvaco is headquartered in Santa Clara, California, with a global presence across North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan [4] Collaboration Details - The partnership will utilize Silvaco's design tools such as Victory TCAD™, Utmost IV™, and SmartSpice™ for DTCO in power and sensor device development [2] - The collaboration aims to enhance Fraunhofer ISIT's capabilities in developing high-performance power electronic and sensor systems, particularly in the post-CMOS process environment [2][5] - Silvaco's Victory Design of Experiments™ (DOE) solution will streamline development workflows and support rapid innovation in evaluating novel process modules and emerging device concepts [2] Industry Impact - This collaboration is seen as a significant advancement in strengthening Europe's semiconductor capabilities and advancing the global evolution of GaN devices [3] - The partnership will not only accelerate development efforts at Fraunhofer ISIT but also enhance Silvaco's TCAD tools to meet future device design demands [3] - Fraunhofer ISIT will also train students at local universities on Silvaco's Victory TCAD™ platform, preparing the next generation of semiconductor device engineers [3]
Silvaco to Host a Tech Talk on the Diffusion of Innovation
Globenewswire· 2025-06-17 20:35
Core Insights - Silvaco Group, Inc. is hosting a tech talk titled "The Diffusion of Innovation: Investing in the Ecosystem Expansion" to discuss its ecosystem expansion for innovative products [1][2][5] - The event will provide insights into Silvaco's Fab Technology Co-Optimization™ (FTCO) solution and include a Q&A session with management [2][5] Event Details - The tech talk is scheduled for June 25, 2025, at 10:00 AM Eastern Time and will be available via live webcast and replay on the company's investor relations website [3][5] - Ian Chan, the Chief Revenue Officer, will be the presenter for the event [5] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI [4] - The company's solutions cater to various markets, including display, power devices, automotive, memory, high-performance computing, foundries, photonics, IoT, and 5G/6G mobile markets [4] - Silvaco is headquartered in Santa Clara, California, and has a global presence with offices in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan [4]
Silvaco To Present at the Rosenblatt 5th Annual Technology Summit
Globenewswire· 2025-05-28 20:05
Core Insights - Silvaco Group, Inc. will participate in a fireside chat at the Rosenblatt 5th Annual Technology Summit on June 11, 2025, featuring key executives including CEO Dr. Babak Taheri, Interim CFO Keith Tainsky, and Chief Revenue Officer Ian Chen [1] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and AI through innovative software [3] - The company's solutions are utilized in various sectors including display, power devices, automotive, memory, high-performance computing, foundries, photonics, IoT, and 5G/6G mobile markets for complex SoC design [3] - Silvaco is headquartered in Santa Clara, California, and has a global presence with offices in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan [3]
Silvaco Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-07 20:05
Core Insights - Silvaco Group, Inc. reported gross bookings of $13.7 million and revenue of $14.1 million for Q1 2025, reflecting a year-over-year decline of 15% in gross bookings and an 11% decrease in revenue [1][8] - The company signed 9 new customers and expanded relationships with existing clients in key markets such as AI, Photonics, and IoT [1][4] - Silvaco completed the acquisition of Tech-X Corporation, enhancing its product portfolio and expanding its addressable market by an estimated $600 million [1][4] Financial Performance - Revenue of $14.1 million in Q1 2025, down 11% year-over-year and down 21% quarter-over-quarter [8] - TCAD revenue was $7.9 million, a 26% decrease year-over-year, while EDA revenue increased by 8% to $5.1 million, including $1.9 million from the PPC product line [8] - SIP revenue surged by 89% year-over-year to $1.1 million, driven by new bookings in automotive and IoT sectors [8] Customer Acquisition and Market Expansion - The company acquired 9 new customers, with approximately 23% of gross bookings coming from AI infrastructure, Photonics, and IoT markets [4] - Existing customers contributed to 38% of gross bookings, indicating strong retention and expansion opportunities [4] - Partnerships with notable entities, such as Excelliance MOS and Kyung Hee University, were established to advance next-generation technologies [4] Strategic Initiatives - Silvaco's CEO emphasized the importance of innovation and solid fundamentals to sustain customer momentum and drive growth in EDA and TCAD product lines through 2025 [2] - The company is committed to defending shareholder value through performance, transparency, and responsible capital management [2] - A new performance metric, Annual Contract Value (ACV), was introduced to provide additional insight into customer commitments and business momentum [4][22] Financial Outlook - For Q2 2025, Silvaco expects gross bookings in the range of $14.0 million to $18.0 million and revenue between $12.0 million and $16.0 million [12] - Full-year 2025 guidance includes projected revenue of $64.0 million to $70.0 million, representing a 7% to 17% increase from 2024 [12] - Non-GAAP gross margin is anticipated to be between 80% and 83%, compared to 86% in the second quarter of 2024 [12]