Silvaco Group, Inc. Announces Launch of Initial Public Offering
Silvaco Group, Inc. has announced the launch of its initial public offering (IPO) of 6,000,000 shares of its common stock, with an estimated price range of $17 to $19 per share. The company, a leading provider of TCAD, EDA software, and SIP solutions, aims to empower semiconductor design and AI through cutting-edge innovation. Learn more about Silvaco’s IPO and its impact on the tech industry.
Japanese Chipmaker Renesas Electronics to Acquire Altium for $5.9 Billion
Japanese chipmaker Renesas Electronics plans to acquire Sydney-listed software company Altium for $5.9 billion, streamlining its electronics design process. The $9.1 billion Australian dollar deal represents a 33.6% premium to Altium’s closing price, causing Australia-listed shares of Altium to surge nearly 30%. Industry experts highlight Japan Inc’s determination to regain global leadership in the chip-making ecosystem, with the deal positioning Renesas for a stronger foothold in the global chip-making landscape.
Synopsys announces $35 billion acquisition of Ansys
Synopsys, a semiconductor design and software firm, has announced its acquisition of Ansys, an engineering and product design software firm, in a cash-and-stock deal valued at approximately $35 billion. The deal, expected to close in the first half of 2025,…