SANTA CLARA, Calif., March  04, 2025  (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO) ("Silvaco" or the "Company"), a provider of TCAD, EDA software and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced the strategic acquisition of the Process Proximity Compensation ("PPC") product line of Cadence (Nasdaq: CDNS).

The addition of the PPC product line - an optical proximity correction ("OPC") suite of tools highly complementary to Silvaco's EDA and TCAD suite, along with its cutting-edge technology and talented team, will strengthen Silvaco's market position and accelerate its mission to empower customers in designing next-generation semiconductor processes and devices with greater accuracy and efficiency. The Company expects this acquisition to enhance Silvaco's ability to offer advanced computational lithography solutions that address the increasing complexity of semiconductor manufacturing at advanced nodes.

"Acquiring Cadence's OPC expertise and technology marks a significant step in advancing our AI-based FTCO platform, quantum-level simulation, and hybrid Fab optimization for semiconductor and photonics mask generation," said Babak Taheri, CEO of Silvaco. "The proven track record of the OPC business in process correction and computational lithography complements our existing capabilities, enabling us to drive enhanced innovation, precision, and AI-driven automation for our customers. This acquisition reinforces our commitment to delivering the most comprehensive solutions for semiconductor manufacturing and design."

"Today's announcement accelerates our strategy of providing the leading synthesis to signoff digital full-flow solution while sharpening our focus on the faster-growing areas of our digital portfolio," said Chin-Chi Teng, senior vice president and general manager of the Digital & Signoff Group at Cadence. "We are pleased to have the PPC team join Silvaco to help advance their next-generation computational lithography solutions."

As part of the transition, Silvaco will work closely with Cadence's team to provide a seamless integration, maintaining continuity for existing customers and partners without disruption to ongoing projects or customer support. The acquired OPC product line has been adopted by industry-leading semiconductor companies. This acquisition unlocks complementary go-to-market opportunities, enabling Silvaco to enhance its EDA, TCAD, and AI-Driven Fab Technology Co-Optimization offerings while fostering deep customer collaborations. The Company expects the existing OPC customers to benefit from Silvaco's responsive customer support and expanded R&D collaboration, driving technology development and adoption.

"We closed 2024 with record results for bookings and revenue, driven by sustained demand for our digital twin modeling platform and growth in key semiconductor markets," said Dr. Babak Taheri. "With the addition of these new capabilities and our focus on execution, we will continue to deliver value for our customers and stakeholders, setting the stage for further growth in 2025."

About Silvaco
Silvaco is a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Silvaco's solutions are used for semiconductor and photonics processes, devices, and systems development across display, power devices, automotive, memory, high performance compute, foundries, photonics, internet of things, and 5G/6G mobile markets for complex SoC design. Silvaco is headquartered in Santa Clara, California, and has a global presence with offices located in North America, Europe, Brazil, China, Japan, Korea, Singapore.