Silvaco acquires Tech-X Corporation for multi-physics simulation software

Silvaco Group, Inc.

Acquisition of Tech-X adds photonics, electromagnetics, and plasma dynamics simulation tools.
Tech-X's GPU-based multi-physics tools will integrate with Silvaco's Victory TCAD platform.
John Cary, Tech-X CTO and University of Colorado professor, joins Silvaco's team.
Deal terms including purchase price and expected close date were not disclosed.
Needham & Company served as financial advisor to Silvaco in the transaction.

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