# L&T Semiconductor Technologies acquires Siliconch Systems

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).

- Type: Acquisition
- Announced: 2024-09-25
- Where: India
- Value: $21.8M (183.0M INR)
- Status: completed
- Products: System-on-Chip IP, semiconductor designs
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Larsen & Toubro](https://endata.com/companies/263.md) (partner)
- [L&T Semiconductor Technologies Limited](https://endata.com/companies/78537.md) (acquirer)
- [SiliConch Systems Private Limited](https://endata.com/companies/78538.md) (target)

## Sources

- [jsalaw.com](https://www.jsalaw.com/deals-matter/lt-semiconductor-technologies-limited-acquires-siliconch-systems-private-limited/), 2024-09-25: "The acquisition cost consisted of an upfront amount of INR 133 crore paid at closing."

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