SANTA CLARA, Calif., Sept. 16, 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 Analog Power Conversion LLC, a leader in advanced power semiconductor technology, has adopted Silvaco’s comprehensive suite of TCAD and EDA tools for their Design Technology Co-Optimization (DTCO) flow. This strategic initiative enables Ana ...

Core Viewpoint - Silvaco Group, Inc. has appointed Chris Zegarelli as Chief Financial Officer, effective September 15, 2025, to drive growth and innovation in the semiconductor industry [1][2]. 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 [3]. - The company serves various markets including display, power devices, automotive, memory, high-performance computing, foundries, photonics, IoT, and 5G/6G mobile markets [3]. Leadership Appointment - Chris Zegarelli brings over 20 years of leadership experience in the semiconductor industry, with expertise in investor relations, financing, financial reporting, forecasting, M&A, operations, and strategic planning [2]. - Prior to joining Silvaco, Zegarelli served as Senior Vice President of Finance at Infineon Technologies, where he led integration and strategic planning following a significant acquisition [2]. Strategic Focus - Zegarelli expressed enthusiasm about joining Silvaco at a pivotal growth stage, emphasizing the company's commitment to innovation and market momentum [3]. - He aims to work closely with the leadership team to drive strategic growth initiatives and strengthen the financial foundation of the company [3].

Core Viewpoint - Silvaco announces the departure of CEO Babak Taheri and the appointment of Dr. Walden W. C. Rhines as the new CEO, effective immediately, marking a significant leadership transition for the company [2][5]. Group 1: Leadership Transition - Babak Taheri has served as CEO for nearly seven years and led the company through its IPO, expressing pride in the team's achievements and ongoing growth [4][6]. - Dr. Walden W. C. Rhines, who has been a board member since September 2022, is recognized for his extensive experience, including previous roles as CEO of Mentor Graphics and president of Siemens EDA [5][6]. Group 2: Company Overview - Silvaco specializes in TCAD, EDA software, and SIP solutions, focusing on semiconductor design and digital twin modeling through innovative AI software [6]. - The company's solutions cater to various sectors, including semiconductors, photonics, automotive, and 5G/6G mobile markets, emphasizing complex SoC design [6].

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]

Company Overview - Silvaco Group, Inc. is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [2] - The company is headquartered in Santa Clara, California, and has a global presence with offices in North America, Europe, Egypt, Brazil, China, Japan, Korea, Singapore, Vietnam, and Taiwan [2] Industry Participation - Silvaco's CEO, Dr. Babak Taheri, will participate in the Jefferies' Semis, IT Hardware & Comm Tech Summit in Chicago on August 26-27, 2025 [1]

Core Insights - Silvaco Group, Inc. reported second quarter 2025 results with gross bookings of $12.91 million and revenue of $12.05 million, reflecting a year-over-year decline of 19% and a quarter-over-quarter decline of 15% [6][9] - The company achieved a trailing twelve-month Annual Contract Value (ACV) growth of 26% and landed 10 new logos across various sectors including photonics, automotive, military, foundry, and power [1][3] - The acquisition of Mixel Group, Inc. is expected to expand Silvaco's Serviceable Addressable Market (SAM) by an estimated $110 million, in addition to $600 million from previous acquisitions this year [3][6] Financial Performance - Revenue breakdown for Q2 2025: TCAD revenue was $6.8 million (down 34% year-over-year), EDA revenue was $3.4 million (up 15% year-over-year), and SIP revenue was $1.8 million (up 11% year-over-year) [6][9] - GAAP gross profit was $8.5 million with a gross margin of 71%, compared to $10.1 million and a gross margin of 68% in Q2 2024 [6][9] - Non-GAAP gross profit was $9.2 million with a non-GAAP gross margin of 76%, down from $12.8 million and 86% in Q2 2024 [9][19] Business Highlights - 14% of Q2 revenue came from 10 new customers, while 6% was from new customers acquired in the previous two quarters [6] - 40% of Q2 revenue was generated from expansion in existing customers, and another 40% from renewals [6] - The company has made leadership updates with three new additions to the executive team, enhancing its strategic capabilities [6] Future Outlook - For Q3 2025, Silvaco expects gross bookings in the range of $14.0 million to $18.2 million, representing a 42% to 84% increase year-over-year [10] - Revenue guidance for Q3 2025 is projected between $14.0 million and $18.0 million, indicating a 28% to 64% increase from Q3 2024 [10] - The company anticipates a GAAP net loss of $9.4 million for Q3 2025, an improvement compared to a net loss of $38.4 million in Q2 2024 [9][10]

Core Insights - Silvaco Group, Inc. has completed the acquisition of Mixel Group, Inc., enhancing its semiconductor IP capabilities targeting high-growth markets such as mobile, automotive, VR, AR, IoT, and robotics [1][2] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions, facilitating semiconductor design and digital twin modeling through AI [4] - The company operates globally with offices in North America, Europe, Egypt, Brazil, China, Japan, Korea, Singapore, Vietnam, and Taiwan [4] Acquisition Details - The acquisition of Mixel follows a definitive agreement announced on July 29, 2025, and Mixel will now be part of Silvaco's Semiconductor IP Business Unit [2] - Mixel specializes in low-power, high-performance semiconductor IP, particularly in programmable SerDes and PHY solutions, with over 25 years of proven success [3] Strategic Implications - The integration of Mixel's technologies and engineering talent is expected to accelerate innovation and enhance customer value [3] - Silvaco aims to leverage Mixel's expertise to bring new solutions to market more rapidly and strengthen customer partnerships [3]

Core Viewpoint - Silvaco has announced the acquisition of Mixel, expanding its semiconductor IP products into high-growth end markets such as mobile, automotive, VR, AR, IoT, and robotics [1][2]. Group 1: Acquisition Details - The acquisition will be completed by August 1, 2025, or earlier, subject to customary closing conditions [2]. - Mixel specializes in low-power connectivity silicon IP, focusing on high-performance programmable SerDes and PHY solutions, particularly for mobile applications based on MIPI standards [2]. Group 2: Strategic Implications - The integration of Silvaco's IP capabilities with Mixel's PHY product portfolio represents a significant step in providing high-quality IP solutions to customers [2]. - Mixel's established reputation and experience in silicon design, along with its engineering teams in the US, Egypt, and Vietnam, will enhance Silvaco's ability to communicate effectively with clients across various regions [2]. Group 3: Leadership and Future Growth - Mixel's CEO, Ashraf Takla, will join Silvaco to ensure a smooth transition for employees, customers, and partners, aiming to accelerate growth in MIPI and other areas [2]. - Silvaco's Senior Vice President Andrew Wright emphasized the potential for innovation in connectivity IP solutions, particularly for safety-critical applications in the automotive sector [2].

Core Viewpoint - Silvaco Group, Inc. has announced a definitive agreement to acquire Mixel Group, Inc. to enhance its semiconductor IP offerings in high-growth markets such as mobile, automotive, VR, AR, IoT, and robotics [1][4] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions, facilitating semiconductor design and digital twin modeling through AI [5] - Mixel specializes in low-power connectivity silicon IP, focusing on high-performance, programmable SerDes and PHY solutions [3][6] Acquisition Details - The acquisition is expected to close on or before August 1, 2025, pending customary closing conditions [2] - The transaction involves a combination of cash and stock [1] Strategic Implications - The acquisition will allow Silvaco to strengthen its collaboration across the semiconductor ecosystem and support continued growth [4] - Mixel's IP is already deployed by leading semiconductor and system companies, enhancing Silvaco's market position [4] Leadership and Transition - Ashraf Takla, CEO of Mixel, will join Silvaco to ensure a smooth transition for Mixel's employees, customers, and partners [4] - The combined R&D capabilities of both companies are expected to drive innovation in connectivity IP solutions [4]

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]