Silvaco Group’s Mixel subsidiary announced that its MIPI D‑PHY CSI‑2 transmit and receive IP has been fully integrated into Indie Semiconductor’s automotive radar processor and monolithic microwave integrated circuit (MMIC) product lines. The integration, completed on or before the announcement date, delivers ASIL‑B compliant, AEC‑Q100 automotive‑grade IP that has passed the MIPI Alliance’s D‑PHY Conformance Test Suite.
The IP’s safety certifications are critical for safety‑critical ADAS applications. ASIL‑B compliance ensures that the logic meets the functional‑safety requirements for automotive use, while AEC‑Q100 qualification guarantees reliability in harsh automotive environments. The D‑PHY Conformance Test Suite validation confirms that the interface meets the MIPI specification for high‑speed data transfer, a key requirement for radar front‑ends that must handle large volumes of sensor data in real time.
Silvaco’s CEO Babak Taheri said the acquisition of Mixel “brings not only proven technologies and products but also exceptional engineering excellence.” The integration expands Silvaco’s presence in the high‑growth automotive radar market, a segment that is expected to grow from $6.2 billion in 2025 to $14.8 billion by 2035. The move aligns with Silvaco’s strategic refocus on high‑margin growth drivers such as AI, interconnect IP, and power, as highlighted by new CEO Wally Rines during the Q3 2025 earnings call.
Silvaco’s Q3 2025 results showed revenue of $18.67 million, a 70% year‑over‑year increase, and improved gross margins, underscoring the company’s ability to monetize its mixed‑signal IP expertise. The Mixel integration is expected to accelerate revenue growth in the automotive segment, where demand for advanced driver‑assist and autonomous vehicle functions continues to rise. The partnership also positions Silvaco to capture new revenue streams in niche semiconductor markets that require silicon‑proven, safety‑certified connectivity IP.
Indie Semiconductor, the partner in the integration, reported a Q3 2025 loss per share of $0.07 versus an expected $0.05 loss and revenue of $53.7 million versus an expected $54 million. The company’s stock had fallen nearly 13% in the week before the announcement, driven by the earnings miss. While the Mixel integration is a positive technical milestone for Indie, the market reaction reflects broader concerns about its financial performance rather than the IP integration itself. Indie’s EVP Radar Systems Peter Gulden noted that the new MIPI IP “supports our strict automotive requirements and enables efficient, scalable ADAS architecture solutions.”
The integration is expected to enhance Indie’s radar processor and MMIC offerings, improving data throughput and reducing power consumption. For Silvaco, the deal demonstrates the company’s ability to leverage acquired technologies to deliver end‑to‑end automotive IP solutions, reinforcing its position as a key supplier to Tier‑1 automotive customers. The partnership is a strategic step toward capturing a larger share of the rapidly expanding automotive radar market and generating new revenue streams in high‑growth semiconductor segments.
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