# Polymatech Electronics acquires Nisene Technology Group

Polymatech Electronics, India's first semiconductor chip maker, has acquired Nisene Technology Group Inc., a California-based semiconductor company with a 50-year history. The acquisition was executed through Polymatech's wholly-owned subsidiary in Singapore.

- Type: Acquisition
- Announced: 2024-08-05
- Where: California, United States
- Status: announced
- Products: Integrated Circuits (ICs) on Silicon and Silicon Carbide Wafers, Sapphire-based semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Polymatech Electronics](https://endata.com/companies/79006.md) (acquirer)
- [Nisene Technology Group](https://endata.com/companies/79007.md) (target)
- [Artificial Electronics Intelligent Materials Pte Ltd.](https://endata.com/companies/79008.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/polymatech-electronics-acquires-nisene-technology-group-inc-california-usa-to-revolutionize-semiconductor-industry-302214319.html), 2024-08-05: "The acquisition complements Polymatech's leading-edge product portfolio and enables the development of new classes of products."
- [semiconductor-digest.com](https://www.semiconductor-digest.com/polymatech-electronics-acquires-nisene-technology-group-inc/), 2024-08-05: "The acquisition complements Polymatech's leading-edge product portfolio and enables the development of new classes of products."

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