Silvaco Announces that The Ninth Circuit affirmed the dismissal of all claims against Silvaco brought by Aldini AG
Silvaco Group (Nasdaq: SVCO) announced that the U.S. Court of Appeals for the Ninth Circuit has affirmed the dismissal of all claims against the company brought by Aldini AG. The affirmation supports the previous ruling by the U.S. District Court for the Northern District of California. CEO Babak Taheri expressed satisfaction with the court's decision, emphasizing that this resolution allows the company to focus fully on customer empowerment and industry innovation. Silvaco is a provider of TCAD, EDA software and SIP solutions that enable semiconductor design and digital twin modeling through AI software.
Il Gruppo Silvaco (Nasdaq: SVCO) ha annunciato che la Corte d'Appello degli Stati Uniti per il Nono Circuito ha confermato la bocciatura di tutte le accuse contro l'azienda presentate da Aldini AG. Questa conferma supporta la precedente sentenza della Corte Distrettuale degli Stati Uniti per il Distretto Settentrionale della California. Il CEO Babak Taheri ha espresso soddisfazione per la decisione del tribunale, sottolineando che questa risoluzione consente all'azienda di concentrarsi completamente sull'empowerment dei clienti e sull'innovazione nel settore. Silvaco è fornitore di soluzioni TCAD, software EDA e SIP che abilitano la progettazione dei semiconduttori e la modellazione del gemello digitale attraverso software AI.
Silvaco Group (Nasdaq: SVCO) anunció que la Corte de Apelaciones de EE. UU. para el Noveno Circuito ha confirmado el rechazo de todas las reclamaciones contra la empresa presentadas por Aldini AG. La confirmación respalda la decisión anterior del Tribunal de Distrito de EE. UU. para el Distrito Norte de California. El CEO Babak Taheri expresó su satisfacción con la decisión del tribunal, enfatizando que esta resolución permite a la empresa concentrarse plenamente en el empoderamiento del cliente y la innovación en la industria. Silvaco es un proveedor de soluciones TCAD, software EDA y SIP que facilitan el diseño de semiconductores y la modelización de gemelos digitales mediante software de IA.
실바코 그룹 (Nasdaq: SVCO)은 미국 제9순회 항소법원이 알디니 AG가 제기한 회사에 대한 모든 주장 기각 결정을 확인했다고 발표했습니다. 이 확인은 캘리포니아 북부 지방법원의 이전 판결을 지지합니다. CEO 바박 타헤리는 법원의 결정에 대한 만족을 표명하며, 이 해결책이 회사가 고객 Empowerment와 산업 혁신에 완전히 집중할 수 있도록 한다고 강조했습니다. 실바코는 반도체 설계 및 디지털 트윈 모델링을 AI 소프트웨어를 통해 가능하게 하는 TCAD, EDA 소프트웨어 및 SIP 솔루션의 제공업체입니다.
Silvaco Group (Nasdaq: SVCO) a annoncé que la Cour d'appel des États-Unis pour le neuvième circuit a confirmé le rejet de toutes les réclamations contre l'entreprise formulées par Aldini AG. Cette confirmation soutient la décision antérieure du tribunal de district des États-Unis pour le district nord de la Californie. Le PDG Babak Taheri a exprimé sa satisfaction quant à la décision du tribunal, en soulignant que cette résolution permet à l'entreprise de se concentrer pleinement sur l'autonomisation des clients et l'innovation dans l'industrie. Silvaco est un fournisseur de solutions TCAD, de logiciels EDA et de SIP qui permettent la conception de semi-conducteurs et la modélisation de jumeaux numériques via des logiciels d'IA.
Silvaco Gruppe (Nasdaq: SVCO) gab bekannt, dass das US-Berufungsgericht für den neunten Bezirk die Abweisung aller Ansprüche gegen das Unternehmen, die von Aldini AG erhoben wurden, bestätigt hat. Die Bestätigung unterstützt das frühere Urteil des US-Bezirksgerichts für den nördlichen Bezirk Kalifornien. CEO Babak Taheri äußerte seine Zufriedenheit mit der Entscheidung des Gerichts und betonte, dass diese Entscheidung es dem Unternehmen ermöglicht, sich vollständig auf die Empowerment der Kunden und die Innovation in der Branche zu konzentrieren. Silvaco ist ein Anbieter von TCAD-, EDA-Software und SIP-Lösungen, die das Design von Halbleitern und die digitale Zwillingsmodellierung durch KI-Software ermöglichen.
- Legal victory with dismissal of all Aldini AG claims upheld by appeals court
- Resolution of legal uncertainty that could have affected company operations
- None.
Insights
The Ninth Circuit Court's affirmation of the district court's dismissal represents a definitive legal victory for Silvaco in their dispute with Aldini AG. This ruling effectively ends any potential liability or financial exposure from this litigation, removing a significant legal overhang from the company. For a small-cap technology company with a market cap of
The dismissal at both the district and appellate levels suggests the claims were legally insufficient, which strengthens Silvaco's corporate governance standing and validates their legal compliance practices. This outcome allows management to redirect resources from legal defense to core business operations in the competitive EDA software market. The resolution of this litigation also enhances the company's ability to engage in future strategic transactions without the complication of pending legal disputes.
SANTA CLARA, Calif., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO) ("Silvaco"), a provider of TCAD, EDA software and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, today announced that the U.S. Court of Appeals for the Ninth Circuit affirmed the U.S. District Court for the Northern District of California’s dismissal of all claims against Silvaco brought by Aldini AG.
"We are pleased with the court's decision," said Babak Taheri, CEO of Silvaco. "This outcome validates our commitment to integrity. With this matter resolved, we can dedicate our full attention to what truly matters: empowering our customers and driving innovation in the industry."
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 and Taiwan. For additional information, please visit https://silvaco.com/
Investor Relations:
Greg McNiff
investors@silvaco.com
Media Contact
Tyler Weiland
press@silvaco.com
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