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Infosys to acquire semiconductor design provider InSemi
VCCircle
ยท
1y ago
Medial
Infosys, one of India's leading IT services exporters, has announced its acquisition of semiconductor design firm InSemi in a cash deal worth $33.7 million. The acquisition will strengthen Infosys' engineering capabilities in areas such as AI, 5G, and IoT, where semiconductors are driving growth. InSemi offers comprehensive semiconductor design services and is expected to support Infosys' chip-to-cloud strategy. The deal is set to be completed within the current quarter.
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Funding and acquisitions in Indian startups this week [08-13 Jan]
Entrackr
ยท
1y ago
Medial
In the second week of January, a total of 31 Indian startups raised a funding amount of $157.3 million. This included nine growth-stage and 19 early-stage deals, with three undisclosed transactions. Bengaluru and Mumbai had the highest number of funding deals, and seed stage deals dominated the investment landscape. In terms of M&A activity, Infosys is set to acquire InSemi and Veranda Learning Solutions is acquiring Tapasya Educational Institutions. Notable news includes layoffs at InMobi and the shutdown of Resso in India.
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Tessolve to buy German chip designer for Rs 400 crore
Economic Times
ยท
9m ago
Medial
Tessolve, a semiconductor engineering solutions provider, has agreed to acquire German chip design company Dream Chip Technologies for up to Rs 400 crore. This acquisition will position Tessolve as one of the few design firms worldwide capable of providing turnkey design solutions for advanced chips. It will also expand Tessolve's presence in Europe and enable the addition of advanced capabilities in System on Chip (SoC) designs for various industries such as AI, automotive, data centers, and industrial markets. The deal will include four delivery sites in Germany and the Netherlands, enhancing Tessolve's ASIC design projects and its European footprint.
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L&T to acquire semiconductor design firm SiliConch
VCCircle
ยท
1y ago
Medial
Indian engineering and construction company Larsen & Toubro (L&T) is set to acquire semiconductor design firm SiliConch Systems, in a move to strengthen its presence in the fabless semiconductor business. L&T's wholly owned subsidiary L&T Semiconductor Technologies will purchase a 100% stake in SiliConch for up to INR183 crore ($21.9m). The deal is expected to be completed by 15 September. L&T said the acquisition aligns with the growth strategy of its semiconductor arm and will provide it with intellectual property, engineering skillsets and design expertise.
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Lam Research breaks ground for systems lab in Bengaluru
Economic Times
ยท
11m ago
Medial
Semiconductor equipment provider Lam Research Corp has begun construction on a systems lab at its India Center for Engineering in Bengaluru. The lab will support the development of semiconductor manufacturing equipment and facilitate collaboration with customers and supply chain partners. The facility will house a fully functional manufacturing equipment development environment, enabling Lam engineers in India to design, test, and validate semiconductor processes and equipment on-site, thus shortening design cycles. The lab is expected to play a crucial role in Lam's research and development efforts and contribute to the advancement of the Indian semiconductor ecosystem.
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Tech giant Accenture acquires Bengaluru-based Cientra Techsolution
VCCircle
ยท
1y ago
Medial
Accenture, the IT services and consulting company, has acquired Cientra Techsolution, a silicon design and engineering services company. This acquisition follows Accenture's recent acquisition of semiconductor design services provider Excelmax Technologies. Cientra, founded in 2015, has offices in the US, Germany, and India, and specializes in engineering, development, and testing for industries such as automotive, telecommunications, and high-tech. This acquisition will enhance Accenture's silicon design capabilities and enable them to better assist clients with semiconductor innovation. Cientra brings approximately 530 engineers and practitioners to Accenture. Financial details of the deal were not disclosed.
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Meet The 11 Semiconductor Startups Powering Indiaโs Technological Prowess
Inc42
ยท
1y ago
Medial
This article highlights several Indian semiconductor startups that are playing a crucial role in the country's burgeoning semiconductor industry. The startups mentioned include AGNIT Semiconductors, Aura Semiconductor, FermionIC Design, InCore Semiconductors, Mindgrove Technologies, Morphing Machines, Oakter, Saankhya Labs, SignOff Semiconductors, Silizium Circuits, and Terminus Circuits. These startups specialize in areas such as GaN semiconductor technology, mixed-signal IC solutions, chip design, SoCs, and RF communication. With government initiatives and collaborations with global semiconductor giants, these startups are contributing to India's aim of becoming a global hub for semiconductor manufacturing and design.
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Synopsys will help Tata Electronics design custom chips
Economic Times
ยท
1y ago
Medial
Semiconductor design company Synopsys has partnered with Tata Electronics to assist in the designing of custom semiconductor products, factory automation, data analytics, computer-aided design, and supply product design kits. They will also help develop intellectual property for chip fabrication. Additionally, Synopsys will provide IP and design tools to Ola Cabs' AI startup, Krutrim, in the development of an AI chip. Tata Electronics plans to invest $11 billion in building India's first fab in Gujarat and a greenfield facility in Assam for semiconductor chip assembly and testing. Synopsys is looking to grow partnerships in India's semiconductor ecosystem and expects opportunities in technology, skilling, and startups.
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Meet The 7 Semiconductor Startups Powering Indiaโs Technological Prowess
Inc42
ยท
1y ago
Medial
The article discusses the emergence of India's semiconductor ecosystem and highlights a list of Indian semiconductor startups that are making significant contributions to the field. The startups mentioned include AGNIT Semiconductors, InCore Semiconductors, Mindgrove Technologies, Morphing Machines, Oakter, Saankhya Labs, and Terminus Circuits. These companies are engaged in various aspects of semiconductor technology, such as GaN semiconductor design, RISC/RISC-V processor cores, SoC design and production, IP products and solutions, and high-speed serial links. The Indian government's support for the semiconductor industry, along with partnerships with global semiconductor giants, further augments the growth of this sector in India.
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Deeptech startup Maieutic Semiconductor raises $4.15M from Endiya Partners, Exfinity Venture Partners
YourStory
ยท
1m ago
Medial
Maieutic Semiconductor, a deeptech startup specializing in analog integrated circuit design, secured $4.15 million in seed funding from Endiya Partners and Exfinity Venture Partners. The company plans to use the funds to expand its engineering team and accelerate product development. Maieutic aims to revolutionize semiconductor design using AI to shorten design cycles and improve efficiency, positioning its solutions for essential applications in communications, automotive systems, and industrial electronics.
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Tata Electronics Inks MoU With Synopsys For Gujarat Fab Plant
Inc42
ยท
1y ago
Medial
Tata Electronics has partnered with Synopsys to develop a foundry design platform to enhance chip development at its AI-enabled semiconductor fab. Synopsys, a US-based company, offers electronic design automation, silicon IP, and system verification and validation services to semiconductor companies. The collaboration is expected to boost Tata Electronics' chip development capabilities. In February, the Indian government approved the establishment of Tata Group's semiconductor fab in Dholera, in collaboration with Taiwan's PSMC.
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