Silvaco Group, Inc. Common Stock (SVCO)
Silvaco Group, Inc. (SVCO) is a provider of electronic design automation (EDA) software and related services for the semiconductor industry. The company develops simulation tools and design platforms that assist in the development, modeling, and verification of integrated circuits and semiconductor devices. Silvaco's solutions are used by chip designers, foundries, and manufacturers to optimize manufacturing processes and improve device performance.
Company News
Silvaco Group announced a leadership transition, with Dr. Babak Taheri stepping down as CEO after nearly seven years, and Walden 'Wally' C. Rhines appointed as the new Chief Executive Officer, effective immediately.
Silvaco Group reported Q2 2025 financial results with a 19% year-over-year revenue drop to $12.05 million, experiencing significant shifts in business segments and regional revenue distribution while pursuing strategic diversification.
Silvaco Group has completed its acquisition of Mixel Group, a provider of low-power, high-performance mixed-signal connectivity IP solutions. The acquisition aims to enhance Silvaco's semiconductor IP capabilities and expand market opportunities across mobile, automotive, VR, AR, IoT, and robotics sectors.