diff --git a/configure.ac b/configure.ac
index b260ceb5d..c8524f106 100644
--- a/configure.ac
+++ b/configure.ac
@@ -15,6 +15,16 @@ AC_SUBST([VERSION], ["VER_MAJOR.VER_MINOR (VER_EXTRA)"])
 # used in res.rc
 AC_SUBST([PRODUCTVERSION], ["VER_MAJOR,VER_MINOR,0,0"])
 
+# setup libvvp soversion, which depends on abi not package version
+AC_SUBST([LIBVVP_SOVERSION], [1])
+# setup libvvp version
+AC_SUBST([LIBVVP_VERSION], [VER_MAJOR.VER_MINOR])
+
+# setup libvvp soversion, which depends on abi not package version
+AC_SUBST([LIBVVP_SOVERSION], [1])
+# setup libvvp version
+AC_SUBST([LIBVVP_VERSION], [VER_MAJOR.VER_MINOR])
+
 AC_CONFIG_SRCDIR([netlist.h])
 AC_CONFIG_HEADERS([config.h])
 AC_CONFIG_HEADERS([_pli_types.h])
@@ -203,7 +213,14 @@ AC_FUNC_FSEEKO
 # Build VVP as a library and stub
 AC_ARG_ENABLE([libvvp],
     [AS_HELP_STRING([--enable-libvvp], [build VVP as a shared library])],
-    [AC_SUBST(LIBVVP, yes)],[])
+    [enable_libvvp=yes],
+    [enable_libvvp=no])
+
+AC_SUBST([LIBVVP], [$enable_libvvp])
+
+AS_IF([test "x$enable_libvvp" = "xyes"],
+    [AC_MSG_NOTICE([Building with libvvp support enabled])],
+    [AC_MSG_NOTICE([Building with libvvp support disabled])])
 
 AC_ARG_ENABLE([libveriuser],
     [AS_HELP_STRING([--enable-libveriuser], [include support for PLI 1 (deprecated)])],
@@ -429,6 +446,7 @@ AC_CONFIG_FILES([
     vhdlpp/Makefile
     vpi/Makefile
     vvp/Makefile
+    vvp/libvvp.pc
     vvp/vvp.man
 ])
 AC_OUTPUT
diff --git a/vvp/Makefile.in b/vvp/Makefile.in
index c43c85259..571742d46 100644
--- a/vvp/Makefile.in
+++ b/vvp/Makefile.in
@@ -23,6 +23,7 @@ prefix = @prefix@
 exec_prefix = @exec_prefix@
 srcdir = @srcdir@
 datarootdir = @datarootdir@
+abs_builddir = @abs_builddir@
 
 VPATH = $(srcdir)
 
@@ -33,6 +34,7 @@ mandir = @mandir@
 # It is a little different from the generic includedir.
 includedir = @includedir@/iverilog$(suffix)
 pdfdir = @docdir@
+pkgconfigdir = $(libdir)/pkgconfig
 
 # For a cross compile these defines will need to be set accordingly.
 HOSTCC = @CC@
@@ -63,12 +65,79 @@ CXXFLAGS = @WARNING_FLAGS@ @WARNING_FLAGS_CXX@ @CXXFLAGS@
 LDFLAGS = @rdynamic@ @LDFLAGS@
 LIBS = @LIBS@ @EXTRALIBS@ @DLLIB@
 
-ifeq (@WIN32@,yes)
+LIBVVP_VERSION = @LIBVVP_VERSION@
+LIBVVP_SOVERSION = @LIBVVP_SOVERSION@
+LIBBASENAME=vvp$(suffix)
+LDFLAGS_SHARED = @rdynamic@ @shared@ @LDFLAGS@
+
+ifeq (@MINGW32@,yes)
 SLDIR=$(bindir)
 SLEXT=dll
+IMPEXT=dll.a
+LIBPREFIX=lib
+LIBNAME=$(LIBPREFIX)$(LIBBASENAME)
+LIBSONAME=$(LIBNAME).$(SLEXT).$(LIBVVP_SOVERSION)
+LIBREALNAME=$(LIBNAME).$(SLEXT).$(LIBVVP_VERSION)
+LIBLINKNAME=$(LIBNAME).$(SLEXT)
+LIBTARGET=$(LIBNAME)-$(LIBVVP_SOVERSION).$(SLEXT)
+LIBBUILD=$(LIBTARGET)
+LIBLINKFLAGS=-Wl,--out-implib,$(LIBNAME).$(IMPEXT) -Wl,--no-undefined
+LIBPOSTBUILD=@true
+LIBINSTALL=$(LIBTARGET)
+LIBDEVELINSTALL=$(LIBNAME).$(IMPEXT)
+else ifeq (@WIN32@,yes)
+SLDIR=$(bindir)
+SLEXT=dll
+IMPEXT=lib
+LIBPREFIX=
+LIBNAME=$(LIBPREFIX)$(LIBBASENAME)
+LIBSONAME=$(LIBNAME).$(SLEXT).$(LIBVVP_SOVERSION)
+LIBREALNAME=$(LIBNAME).$(SLEXT).$(LIBVVP_VERSION)
+LIBLINKNAME=$(LIBNAME).$(SLEXT)
+LIBTARGET=$(LIBLINKNAME)
+LIBBUILD=$(LIBLINKNAME)
+LIBLINKFLAGS=
+LIBPOSTBUILD=@true
+LIBINSTALL=$(LIBTARGET)
+LIBDEVELINSTALL=
+else ifneq (,$(findstring darwin,@host_os@))
+CXXFLAGS+= -fPIC
+CFLAGS+= -fPIC
+SLDIR=$(libdir)
+SLEXT=dylib
+LIBPREFIX=lib
+LIBNAME=$(LIBPREFIX)$(LIBBASENAME)
+LIBSONAME=$(LIBNAME).$(LIBVVP_SOVERSION).$(SLEXT)
+LIBREALNAME=$(LIBNAME).$(LIBVVP_VERSION).$(SLEXT)
+LIBLINKNAME=$(LIBNAME).$(SLEXT)
+LIBTARGET=$(LIBREALNAME)
+LIBBUILD=$(LIBTARGET)
+LDFLAGS_SHARED=-dynamiclib
+LIBLINKFLAGS= \
+  -Wl,-install_name,$(libdir)/$(LIBSONAME) \
+  -Wl,-compatibility_version,$(LIBVVP_SOVERSION) \
+  -Wl,-current_version,$(LIBVVP_VERSION)
+LIBPOSTBUILD= \
+  ln -sf $(LIBREALNAME) $(LIBSONAME) && \
+  ln -sf $(LIBSONAME) $(LIBLINKNAME)
+LIBINSTALL=$(LIBTARGET)
+LIBDEVELINSTALL=
 else
+CXXFLAGS+= -fPIC
+CFLAGS+= -fPIC
 SLDIR=$(libdir)
 SLEXT=so
+LIBPREFIX=lib
+LIBNAME=$(LIBPREFIX)$(LIBBASENAME)
+LIBSONAME=$(LIBNAME).$(SLEXT).$(LIBVVP_SOVERSION)
+LIBREALNAME=$(LIBNAME).$(SLEXT).$(LIBVVP_VERSION)
+LIBLINKNAME=$(LIBNAME).$(SLEXT)
+LIBTARGET=$(LIBREALNAME)
+LIBBUILD=$(LIBLINKNAME)
+LIBLINKFLAGS=-Wl,-soname,$(LIBSONAME)
+LIBPOSTBUILD=ln -sf $(LIBREALNAME) $(LIBSONAME) && ln -sf $(LIBSONAME) $(LIBLINKNAME)
+LIBINSTALL=$(LIBTARGET)
+LIBDEVELINSTALL=
 endif
 
 MDIR1 = -DMODULE_DIR1='"$(libdir)/ivl$(suffix)"'
@@ -110,7 +179,7 @@ else
 endif
 
 clean:
-	rm -f *.o *~ parse.cc parse.h lexor.cc tables.cc libvvp$(suffix).$(SLEXT)
+	rm -f *.o *~ parse.cc parse.h lexor.cc tables.cc $(LIBNAME)*.$(SLEXT)* libvvp.pc
 	rm -rf dep vvp@EXEEXT@ parse.output vvp.man vvp.ps vvp.pdf vvp.exp
 
 distclean: clean
@@ -137,16 +206,15 @@ dep:
 
 ifeq (@LIBVVP@,yes)
 
-CPPFLAGS+= -fpic
-
 # To avoid setting LD_LIBRARY_PATH when running vvp from the build tree,
 # add option -Wl,-rpath=`pwd` to the CXX command below.
 
-vvp@EXEEXT@: main.o $(srcdir)/vvp.def libvvp$(suffix).$(SLEXT)
+vvp@EXEEXT@: main.o $(srcdir)/vvp.def $(LIBBUILD)
 	$(CXX) $(LDFLAGS) -o vvp@EXEEXT@ main.o -L. $(LDFLAGS) -lvvp$(suffix) $(LIBS)
 
-libvvp$(suffix).$(SLEXT): $LIB_OBJ
-	$(CXX) -shared $(LDFLAGS) -o libvvp$(suffix).$(SLEXT) $^ $(LIBS) $(dllib)
+$(LIBBUILD): $(LIB_OBJ)
+	$(CXX) $(LDFLAGS_SHARED) $(LIBLINKFLAGS) -o $(LIBTARGET) $^ $(LIBS)
+	$(LIBPOSTBUILD)
 else
 ifeq (@WIN32@,yes)
 # To support cocotb, we export the VPI functions directly. This allows
@@ -221,7 +289,7 @@ stamp-config-h: $(srcdir)/config.h.in ../config.status
 	cd ..; ./config.status --header=vvp/config.h
 config.h: stamp-config-h
 
-install: all installdirs installfiles
+install: all installdirs installfiles installpkgconfig
 
 F = ./vvp@EXEEXT@ $(srcdir)/libvvp.h $(INSTALL_DOC)
 
@@ -234,7 +302,16 @@ installpdf: vvp.pdf installdirs
 installfiles: $(F) | installdirs
 	$(INSTALL_PROGRAM) ./vvp@EXEEXT@ "$(DESTDIR)$(bindir)/vvp$(suffix)@EXEEXT@"
 ifeq (@LIBVVP@,yes)
-	$(INSTALL_PROGRAM) ./libvvp$(suffix).$(SLEXT) "$(DESTDIR)$(SLDIR)/libvvp$(suffix).$(SLEXT)"
+	$(INSTALL_PROGRAM) ./$(LIBINSTALL) "$(DESTDIR)$(SLDIR)/$(LIBINSTALL)"
+ifeq (@WIN32@,yes)
+ifneq ($(LIBDEVELINSTALL),)
+	$(INSTALL_PROGRAM) ./$(LIBDEVELINSTALL) "$(DESTDIR)$(libdir)/$(LIBDEVELINSTALL)"
+endif
+else
+	# Install real library
+	ln -sf $(LIBREALNAME) "$(DESTDIR)$(SLDIR)/$(LIBSONAME)"
+	ln -sf $(LIBSONAME) "$(DESTDIR)$(SLDIR)/$(LIBLINKNAME)"
+endif
 	$(INSTALL_DATA) $(srcdir)/libvvp.h "$(DESTDIR)$(includedir)/libvvp.h"
 endif
 
@@ -245,12 +322,25 @@ installdirs: $(srcdir)/../mkinstalldirs
 		"$(DESTDIR)$(INSTALL_DOCDIR)" \
 		"$(DESTDIR)$(INSTALL_PDFDIR)"
 
+installpkgconfig:
+	$(INSTALL) -d "$(DESTDIR)$(pkgconfigdir)"
+	$(INSTALL_DATA) libvvp.pc "$(DESTDIR)$(pkgconfigdir)/libvvp$(suffix).pc"
 
 uninstall: $(UNINSTALL32)
 	rm -f "$(DESTDIR)$(bindir)/vvp$(suffix)@EXEEXT@"
 	rm -f "$(DESTDIR)$(mandir)/man1/vvp$(suffix).1" "$(DESTDIR)$(pdfdir)/vvp$(suffix).pdf"
 ifeq (@LIBVVP@,yes)
-	rm -f "$(DESTDIR)$(SLDIR)/libvvp$(suffix).$(SLEXT)"
+	rm -f "$(DESTDIR)$(SLDIR)/$(LIBINSTALL)"
+ifeq (@WIN32@,yes)
+ifneq ($(LIBDEVELINSTALL),)
+	rm -f "$(DESTDIR)$(libdir)/$(LIBDEVELINSTALL)"
+endif
+else
+	rm -f "$(DESTDIR)$(SLDIR)/$(LIBLINKNAME)"
+	rm -f "$(DESTDIR)$(SLDIR)/$(LIBSONAME)"
+	rm -f "$(DESTDIR)$(SLDIR)/$(LIBREALNAME)"
+endif
+	rm -f "$(DESTDIR)$(pkgconfigdir)/libvvp$(suffix).pc"
 	rm -f "$(DESTDIR)$(includedir)/libvvp.h"
 endif
 
diff --git a/vvp/libvvp.pc.in b/vvp/libvvp.pc.in
new file mode 100644
index 000000000..18f2778b4
--- /dev/null
+++ b/vvp/libvvp.pc.in
@@ -0,0 +1,10 @@
+prefix=@prefix@
+exec_prefix=@exec_prefix@
+libdir=@libdir@
+includedir=@includedir@
+
+Name: libvvp@install_suffix@
+Version: @LIBVVP_VERSION@
+Description: Icarus Verilog VVP runtime library
+Libs: -L${libdir} -lvvp@install_suffix@
+Cflags: -I${includedir}/iverilog