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HERO ELECTRONIX
TPG invests $150 million in Hero Electronix-owned TessolveTessolve, a Hero Electronix venture, receives $150 million from TPG Growth. TPG Growth acquires a significant minority stake in Tessolve. T...- TPG beats Advent to emerge frontrunner for Tessolve stake; to invest $140–150 millionTPG Inc. is leading the race to acquire a significant minority stake in Tessolve, a semiconductor design and engineering company primarily ...
- Advent, TPG, Kedaara among others in race to buy into Hero Group’s Semiconductor arm TessolveSeveral private equity firms are vying for a stake in Tessolve. Hero Electronix is considering divesting a 30% share in the semiconductor c...
- Tessolve to buy German chip designer for Rs 400 croreThis acquisition aims to position Tessolve as a leading design firm capable of delivering advanced turnkey solutions, particularly in Syste...
- Hero Electronix, backed by Suman Kant Munjal, plans to sell 30% stake in chip design firm TessolveHero Electronix, led by Suman Kant Munjal, is exploring the sale of a 25-30% stake in Tessolve, a semiconductor design firm. The deal could...
- Tessolve raises $40 million in funding from Novo TellusTessolve plans to utilise the capital to beef up its semiconductor design and engineering capabilities inorganically through acquisitions i...
- Hero Electronix’s Tessolve elevates co-founder Srinivas Chinamilli as CEO“Srini has been a key member of the founding team and has been instrumental in developing Tessolve’s organization and business. Srini bring...
- Zenatix launches ZenShield, a COVID ready HVAC control systemZenShield automates the temperature control, humidity control, exhaust operation and ensures the circulation of fresh air in the building w...
- Hero Group pledges Rs 100 crore for COVID-19 relief effortsThe Hero Group (BML Munjal family) companies contributing to this fund include Hero MotoCorp, Hero FinCorp, Hero Future Energies, Rockman I...
- Hero Electronix arm acquires chip design services firm T&VSThe acquisition provides impetus to Tessolve’s chip design offering taking its overall company strength to over 2,000 engineers and cements...
- Hero Electronix to invest Rs 150-200 crore, forays into consumer space with QuboThe company, which is part of the Hero Group, has launched a voice-controlled smart indoor camera and smart sensors (for doors, gas leakage...
- Hero Electronix sets up semiconductor chip design centre in BengaluruThe Bengaluru centre will work in close association with Tessolve's other design centres to develop innovative chip solutions across vertic...
- Hero Electronix forays into consumer tech, to launch 10 products in 5 yrsThe company, which is showcasing the first of these products at the CES 2019 (Consumer Electronics Show) in Las Vegas, said it has partnere...
- Hero Electronix acquires Zenatix, forays into IoT spaceFounded in 2013 by IIT-Delhi engineers, Zenatix has built its own proprietary Internet of Things (IoT) stack, which includes hardware, clou...
- Pi Ventures achieves second close of $30-million fund at $25 millionThe key contributors in this round include Hero Enterprise chairman Sunil Kant Munjal, Electronic Development Fund and the corporate financ...
- Hero Electronix acquires analog design business of AnalogSemiThe acquisition - whose financial details have not been disclosed - was made through the company's engineering services venture, Tessolve, ...
- Hero Electronix eyes $1-billion business in next 4 yearsHero Electronix expects acquisitions and partnerships to boost revenue, which was Rs 600 crore in the last fiscal year.
- Hero Electronix buys India business of Germany's TES DST HoldingThe new division, Tessolve Embedded Systems, will focus on supporting the design and manufacture of innovative electronic products for glob...
- Hero Electronix acquires Tessolve SemiconductorHero Electronix and its group companies plan to invest Rs 1000-2000 crore in the next 5-7 years to fund its expansion plans.
- Hero Group to invest Rs 500 crore in electronics biz, acquires MyboxHero Group announced its foray into the rapidly growing electronics sector of the country, with the formation of a new company, 'Hero Elect...
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