PDF Solutions
{{Short description|American information technology company}}
{{more citations needed|date=April 2022}}
{{Infobox company
| name = PDF Solutions, Inc.
| type = Public
| traded_as = {{NASDAQ|PDFS}}
S&P 600 Component
| industry = Big Data Analytics
Semiconductor
| key_people ={{ubl
|John K. Kibarian (CEO & president)
|Kimon W. Michaels (vice president)
|Andrzej Strojwas (Chief Technologist)}}
| founded = {{start date and age|1991}}
| founders = {{ubl|John K. Kibarian|Kimon W. Michaels}}
| location = Santa Clara, California, United States
| revenue = US$ 165.8 million (2023)
| homepage =
}}
PDF Solutions, Inc. is an American multinational software and engineering services company based in Santa Clara, California. The company is listed in the Nasdaq stock exchange under the ticker symbol PDFS.{{Cite web |title=PDF Solutions |url=https://semiengineering.com/entities/pdf-solutions/ |access-date=2024-11-12 |website=Semiconductor Engineering |language=en-US}}
History
PDF Solutions was co-founded in 1991 by John Kibarian and Kimon Michaels. Kibarian was appointed CEO in 2000,{{Cite web |title=John Kibarian, President & CEO at PDF Solutions Biography |url=https://www.rblt.com/tech-summit-biography/john-kibarian |access-date=2024-11-12 |website=www.rblt.com |language=en}} and in July 2001, the company went public.{{Cite web |title=PDF Solutions |url=https://semiengineering.com/entities/pdf-solutions/ |access-date=2024-11-12 |website=Semiconductor Engineering |language=en-US}}
Acquisitions
In October 2006, PDF Solutions purchased Si Automation for $26.6 million in cash.{{Cite web |date=November 1, 2006 |title=PDF completes $35M acquisition of Si Automation |url=https://www.eetimes.com/pdf-completes-35m-acquisition-of-si-automation/ |access-date=November 11, 2024 |website=EE Times}}
In 2019, the company purchased assets from StreamMosaic.{{Cite web |title=PDF Solutions Acquires StreamMosaic Assets |url=https://investingnews.com/daily/tech-investing/emerging-tech-investing/artificial-intelligence-investing/pdf-solutions-acquires-streammosaic-assets/ |access-date=2024-11-12 |website=investingnews.com |language=en}}
PDF Solutions acquired Cimetrix Incorporated in November 2020.{{Cite web |title=PDF Solutions to Acquire Smart Manufacturing and Factory Connectivity Expert Cimetrix |url=https://www.cimetrix.com/pdf-solutions-to-acquire-smart-manufacturing-and-factory-connectivity-expert-cimetrix |access-date=2024-11-12 |website=www.cimetrix.com |language=en}} In July 2023, the company acquired Lantern Machinery Analytics.{{Cite web |date=7 November 2023 |title=PDF Solutions (PDFS) Acquires Lantern Machinery Analytics |url=https://finance.yahoo.com/news/pdf-solutions-pdfs-acquires-lantern-112300363.html?guccounter=1 |access-date=November 10, 2024 |website=Yahoo! Finance}}
Corporate affairs
= Financial results =
The following is an overview of the main financial results from recent years:
| class="wikitable"
|+ !Data !2016 !2017 !2018 !2019 !2020 !2021 !2022 !2023 |
| Net revenues (in million)
|$107.461 |$101.871 |$85.794 |$85.585 |$88.064 |$111.060 |$148.549 |$165.835 |
| Net income (in million)
|$9.103 | -$1.337 | -$7.716 | -$5.418 | -$40.363 | -$21.488 | -$3.429 | $3.105 |
Products and services
According to PDF Solutions the company currently serves more than 500 clients in 36 countries, including brands like TSMC, Intel, Analog Devices and Qualcomm.{{Cite web |title=Presentations |url=https://www.pdf.com/company/investor-relations/investor-presentations/ |access-date=2022-03-25 |website=PDF Solutions |language=en-US}} Clients come from the fields of foundries, semiconductor design companies and equipment manufacturers.{{Cite web |title=2020 Annual Report |url=https://ir.pdf.com/static-files/6e404f0d-a33f-4b75-9e17-45fd00edc8e0 |access-date=2022-03-26 |website=pdf.com}}
The company produces software, hardware and semiconductor-based intellectual property (IP) to provide advanced data management and analytics that support the manufacturing and testing of integrated circuits and systems on chips used in electronic devices such as smartphones, computers and the advanced driver assistance systems (ADAS) of modern automobiles.