diff --git a/inference-engine/cmake/vpu_dependencies.cmake b/inference-engine/cmake/vpu_dependencies.cmake
index c03ad6efa29..3cfa038f63d 100644
--- a/inference-engine/cmake/vpu_dependencies.cmake
+++ b/inference-engine/cmake/vpu_dependencies.cmake
@@ -19,7 +19,7 @@ set(VPU_SUPPORTED_FIRMWARES usb-ma2x8x pcie-ma248x)
 # Default packages
 #
 
-set(FIRMWARE_PACKAGE_VERSION 1460)
+set(FIRMWARE_PACKAGE_VERSION 1468)
 set(VPU_CLC_MA2X8X_VERSION "movi-cltools-20.09.2")
 
 #
diff --git a/inference-engine/src/vpu/graph_transformer/include/vpu/middleend/pass_manager.hpp b/inference-engine/src/vpu/graph_transformer/include/vpu/middleend/pass_manager.hpp
index 382f03f0072..c6468c2c2a9 100644
--- a/inference-engine/src/vpu/graph_transformer/include/vpu/middleend/pass_manager.hpp
+++ b/inference-engine/src/vpu/graph_transformer/include/vpu/middleend/pass_manager.hpp
@@ -93,7 +93,6 @@ public:
     // Model common adaptation
     //
 
-    Pass::Ptr decomposeSwish();
     Pass::Ptr eliminateConstConcat();
     Pass::Ptr splitGroupedConv();
     Pass::Ptr splitConv3DInto2D();
diff --git a/inference-engine/src/vpu/graph_transformer/src/middleend/pass_manager.cpp b/inference-engine/src/vpu/graph_transformer/src/middleend/pass_manager.cpp
index 8b529016409..738044bc9fa 100644
--- a/inference-engine/src/vpu/graph_transformer/src/middleend/pass_manager.cpp
+++ b/inference-engine/src/vpu/graph_transformer/src/middleend/pass_manager.cpp
@@ -87,12 +87,6 @@ PassSet::Ptr PassManager::buildMiddleEnd() {
     // initial dump pass must be the first dump
     ADD_DUMP_PASS("initial");
 
-    //
-    // Decompose swish layer to Sigmoid + Multiply
-    //
-    ADD_PASS(decomposeSwish);
-    ADD_DUMP_PASS("decomposeSwish");
-
     //
     // Convert shape notation
     //
diff --git a/inference-engine/src/vpu/graph_transformer/src/middleend/passes/decompose_swish.cpp b/inference-engine/src/vpu/graph_transformer/src/middleend/passes/decompose_swish.cpp
deleted file mode 100644
index 95bfe5cbbc4..00000000000
--- a/inference-engine/src/vpu/graph_transformer/src/middleend/passes/decompose_swish.cpp
+++ /dev/null
@@ -1,79 +0,0 @@
-// Copyright (C) 2018-2020 Intel Corporation
-// SPDX-License-Identifier: Apache-2.0
-//
-
-#include <vpu/middleend/pass_manager.hpp>
-#include <vpu/model/data_contents/replicated_data_content.hpp>
-
-namespace vpu {
-
-namespace {
-
-class PassImpl final : public Pass {
-public:
-    explicit PassImpl(const StageBuilder::Ptr& stageBuilder) :
-            _stageBuilder(stageBuilder) {
-    }
-
-    void run(const Model& model) override;
-
-private:
-    StageBuilder::Ptr _stageBuilder;
-};
-
-void PassImpl::run(const Model& model) {
-    VPU_PROFILE(decomposeSwish);
-
-    for (const auto& swish : model->getStages()) {
-        if (swish->type() != StageType::Swish) {
-            continue;
-        }
-        const auto inputData = swish->input(0);
-        const auto outputData = swish->output(0);
-        const auto name = swish->name();
-        const auto& layer = swish->origLayer();
-        const auto beta = swish->attrs().get<float>("beta");
-
-        model->removeStage(swish);
-        auto sigmoidInput = inputData;
-
-        if (beta != 1.0f) {
-            const auto betaDesc = DataDesc(inputData->desc());
-            const auto betaConst = model->addConstData(inputData->name() + "@beta", betaDesc,
-                                                       replicateContent(beta, betaDesc.totalDimSize(), betaDesc));
-            const auto prodOutput = model->addNewData(inputData->name() + "@prod-x-beta", inputData->desc());
-            _stageBuilder->addProdStage(
-                    model,
-                    name + "@prod-x-beta",
-                    layer,
-                    inputData,
-                    betaConst,
-                    prodOutput);
-            sigmoidInput = prodOutput;
-        }
-        const auto sigmoidDesc = inputData->desc();
-        const auto sigmoidOutput = model->addNewData(inputData->name() + "@sigmoid", sigmoidDesc);
-
-        _stageBuilder->addSigmoidStage(
-                model,
-                name + "@sigmoid",
-                layer,
-                {sigmoidInput},
-                {sigmoidOutput});
-        _stageBuilder->addProdStage(
-                model,
-                name + "@prod",
-                layer,
-                inputData,
-                sigmoidOutput,
-                outputData);
-    }
-}
-
-}  // namespace
-
-Pass::Ptr PassManager::decomposeSwish() {
-    return std::make_shared<PassImpl>(_stageBuilder);
-}
-
-}  // namespace vpu
diff --git a/inference-engine/src/vpu/graph_transformer/src/stages/swish.cpp b/inference-engine/src/vpu/graph_transformer/src/stages/swish.cpp
index e64e0b68dc4..d5b0418bca6 100644
--- a/inference-engine/src/vpu/graph_transformer/src/stages/swish.cpp
+++ b/inference-engine/src/vpu/graph_transformer/src/stages/swish.cpp
@@ -23,6 +23,10 @@ private:
 
         serializer.append(static_cast<float>(beta));
     }
+
+    StageSHAVEsRequirements getSHAVEsRequirementsImpl() const override {
+        return StageSHAVEsRequirements::NeedMax;
+    }
 };
 
 }  // namespace