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L&T Semiconductor Technologies, a subsidiary of Larsen & Toubro, acquired 100% of Siliconch Systems, a fabless semiconductor design company, for an upfront INR 133 crore and deferred INR 50 crore (total ~USD 21.8 million).
“The acquisition cost consisted of an upfront amount of INR 133 crore paid at closing.”jsalaw.com
Summarized from public sources; check the original articles before acting on it.