Articles from Silvaco Group, Inc.

Silvaco Group, Inc. (Nasdaq: SVCO), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, is proud to announce its participation in the Semiconductor Manufacturing and Advanced Research with Twins (SMART) USA Institute. This first-of-its-kind initiative, part of the CHIPS Manufacturing USA program under the CHIPS and Science Act, focuses on leveraging digital twin technologies to advance semiconductor design, manufacturing, and packaging.

Silvaco Group, Inc. (Nasdaq: SVCO, “Silvaco”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced multiple initiatives to address the industry's talent shortage and foster development of skills to enable students to pursue careers in the semiconductor field.

Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and AI through software and innovation, today announced the pricing of its initial public offering of 6,000,000 shares of its common stock at a public offering price of $19.00 per share. All of the shares of common stock are being offered by Silvaco. The aggregate gross proceeds to Silvaco from the offering are expected to be $114.0 million before deducting underwriting discounts and commissions and other offering expenses payable by Silvaco. Silvaco’s common stock is expected to begin trading on the Nasdaq Global Select Market on May 9, 2024 under the ticker symbol “SVCO.” The offering is expected to close on May 13, 2024, subject to the satisfaction of customary closing conditions. In addition, Silvaco has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of Silvaco’s common stock from Silvaco at the public offering price, less underwriting discounts and commissions.

Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and AI through software and innovation, today announced it has launched the roadshow for its initial public offering (“IPO”) of 6,000,000 shares of its common stock. The underwriters will have a 30-day option to purchase up to an additional 900,000 shares of Silvaco’s common stock from Silvaco at the IPO price, less underwriting discounts and commissions. The IPO price is currently estimated to be between $17 and $19 per share. Silvaco’s common stock is expected to begin trading on the Nasdaq Global Select Market under the ticker symbol “SVCO.”

Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and AI through software and innovation, today announced an enhanced partnership with Micron Technology, Inc. (Nasdaq: MU) (“Micron”), which includes:

Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and design IP, today announced that it has appointed new distributors in Vietnam and India to accelerate business growth in Asia. In Vietnam, FPT Semiconductor JSC (https://fpt-semiconductor.com/) has been appointed as distributor and in India Knowteq Info LLP (http://know-teq.com/) has been appointed as distributor.

Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and design IP, today announced that it has joined GaN ValleyTM to help advance the state of the art in designing efficient gallium nitride (GaN) power devices and enable its customers to innovate with its Victory TCAD platform. Gallium nitride is a wide bandgap semiconductor known for its high electron mobility and is commonly used in power electronics due to its superior performance characteristics.

Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and design IP, today announced that it successfully concluded its worldwide SURGE events, conducted virtually and in person. SURGE brings together users, developers, partners and industry experts of the EDA, IP, and TCAD communities. These events aim to explore emerging semiconductor technologies, innovative applications, and techniques essential for realizing advanced designs. To view archives of the presentations please visit https://silvaco.com/corporate/surge/

Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and design IP, today announced that SilTerra has successfully deployed its library characterization, optimization and circuit simulation tools, Viola, Cello and SmartSpice, to automate and boost efficiency of its R&D teams for the development of its foundry standard cell IPs.

Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software, and design IP, today announced that SK Powertech has adopted its Victory TCAD (Technology Computer-Aided Design) solution for power devices to accelerate research and development of its next generation SiC (Silicon Carbide) power devices. The Victory TCAD solution enables SK Powertech to achieve significant improvements in its power management technology.

Silvaco Group, Inc. (“Silvaco”), a provider of TCAD, EDA software and design IP, today announced the addition of John Cleveland, Dr. Hau Lee, William Molloie, Dr. Walden Rhines and Jodi Shelton to its board of directors (the “Board”). The new members bring a wealth of financial, business, and operational expertise to the Board to help oversee Silvaco’s domestic and global businesses.

Silvaco Group, Inc., a leading supplier of TCAD, EDA software and design IP, today announced the resignation of Babak Taheri as chief executive officer and member of the board after two years in the role.

Silvaco Group, Inc., a leading provider of TCAD, EDA software and design IP, today announced the appointment of Mike Stipe as Senior VP of Worldwide Sales responsible for leading the company’s worldwide sales and field support team. As a senior member of the executive team, Mike reports directly to CEO Babak Taheri.

Silvaco Group, Inc., a leading provider of TCAD, EDA software and design IP, today announced the appointment of Greg Swyt as Chief Financial Officer responsible for the company’s finance and accounting. As a senior member of the executive team Greg reports directly to CEO Babak Taheri.

Silvaco Group, Inc., a leading provider of TCAD, EDA software and design IP, today announced the addition of Ernest E. Maddock to its board of directors. Mr. Maddock brings a wealth of financial, business, and operational expertise to the Silvaco Board to help guide companies’ growth domestically and globally. Mr. Maddock will also serve as Chair of the Audit Committee.

Silvaco Group, Inc., a leading supplier of TCAD, EDA software and design IP, today announced the appointment of Pierre-Yves Lesaicherre as the new Chairman of the Board – a role he is taking over from Iliya Pesic who will continue to serve on the board of directors of the company.