# 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.

- Type: Acquisition
- Announced: 2020-05-07
- Where: Bengaluru, India
- Status: completed
- Products: semiconductor design, embedded technologies, Foundation IP
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [InSemiTech](https://endata.com/companies/47078.md) (acquirer)
- [Ambit Semiconductors](https://endata.com/companies/47079.md) (target)
- [Semtosys](https://endata.com/companies/47080.md) (target)

## Sources

- [lokmattimes.com](https://www.lokmattimes.com/business/insemitech-acquires-ambit-semiconductors-and-semtosys/), 2020-05-07: "These acquisitions reinforce InSemiTech's technology expertise and market leadership in a rapidly consolidating semiconductor and embedded space."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.