[TechUkraine news] ‌Ukrainian company POLYTEDA CLOUD sold for an undisclosed amount to the USA based Silvaco

Ukrainian company POLYTEDA CLOUD, pioneering in applying cloud SaaS pay-per-use business model for EDA, sold for an undisclosed amount to the ??USA based Silvaco, leading EDA tools and semiconductor IP provider. The acquisition expands the company’s capabilities for rapid physical verification of IC designs prior to mask creation and manufacturing and for cloud enablement of EDA tools.

Silvaco is headquartered in Santa Clara, California and has a global presence with offices located in North America, Europe, Japan, China, Taiwan, Korea, and Singapore.