B. Riley Securities announced its role as exclusive financial advisor to Silvaco Group, Inc. in connection with its acquisition of Mixel Group, Inc. for a combination of cash and stock.
Silvaco is a provider of TCAD, EDA software, and semiconductor IP solutions that enable semiconductor design and digital twin modeling through AI software and innovation. Founded in 1998 and headquartered in San Jose, California, Mixel is a provider of mixed-signal IPs and offers a wide portfolio of high-performance mixed-signal connectivity IP solutions. Mixel has established itself as a trusted IP partner with over 25 years of silicon-proven success, a global R&D presence, and a robust customer base spanning the Americas, EMEA, and APAC.
The acquisition of Mixel expands Silvaco’s semiconductor IP offering into high-growth end markets, including mobile, automotive, virtual reality (VR), augmented reality (AR), Internet of Things (IoT), and robotics, leveraging Mixel’s deep expertise in high-performance SerDes and PHY solutions based on MIPI® standards.
BRS’ deal team was led by Craig Krinbring and included Adam Huberman.