Tessolve to acquire German chip design firm Dream Chip Technologies

Tessolve Semiconductor, a Hero Electronix company, signed a definitive agreement to acquire 100% of Dream Chip Technologies for up to ₹400 crore (EUR 42.5 million). The acquisition will add advanced SoC design capabilities and expand Tessolve's European operations with four delivery locations in Germany and the Netherlands.

“This acquisition positions Tessolve among a select group of design firms worldwide capable of delivering turnkey design solutions for complex cutting-edge chips.”thehindu.com

• 1 source
• thehindu.comHero Electronix’s Tessolve to acquire German design firm Dream ChipThe Hindu BureauNov 6, 2024

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