◂ Announcements

May 7, 2020ACQUISITIONBengaluru, India

InSemiTech acquires Ambit Semiconductors and Semtosys

InSemiTech, a Bengaluru-based R&D and engineering services company, announced the acquisition of two engineering services companies: Ambit Semiconductors Pvt Ltd and Semtosys Pvt Ltd. The acquisitions aim to strengthen InSemiTech's technology expertise in semiconductor and embedded spaces.

Status

Completed

Productssemiconductor designembedded technologiesFoundation IP

CompaniesInSemiTech acquirer Ambit Semiconductors target Semtosys target

Sectors#Semiconductors and Industrial Electronics

“These acquisitions reinforce InSemiTech's technology expertise and market leadership in a rapidly consolidating semiconductor and embedded space.”lokmattimes.com

1 source
lokmattimes.comInSemiTech acquires Ambit Semiconductors and Semtosys - www.lokmattimes.comANIMay 7, 2020

Summarized from public sources; check the original articles before acting on it.

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