MosChip Technologies acquires Softnautics for $17.25 million

MosChip Technologies signed a share purchase agreement to acquire Softnautics Inc., a California-based product engineering solutions company, for $17.25 million. The acquisition will be completed next quarter and adds over 185 employees.

“The transaction will strengthen MosChip’s embedded system design capabilities and enable it to serve existing clients better while enhancing the ability to acquire new customers.”thehindu.com

• 1 source
• thehindu.comMosChip to acquire U.S.’ Softnautics for $17.25 mn - The HinduThe Hindu BureauMar 28, 2023

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