05:40 PM EDT, 03/25/2025 (MT Newswires) -- Silvaco Group's ( SVCO ) FlexCAN IP was chosen by Faraday Technology of Taiwan to establish a networking backbone for its latest automotive application-specific integrated circuit design.

Financial details weren't disclosed.

The flexible controller area network "serves as a critical component of the automotive networking architecture, delivering a reliable, high-speed multidrop networking solution," Silvaco Group ( SVCO ) said Tuesday in a statement.

The FlexCAN IP is compliant with ISO 11898-1 and supports the CAN Flexible Data Rate, which enhances its capabilities for high-speed, reliable networking, Silvaco Group ( SVCO ) said.