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...
06 Nov, 2024, 06.00 AM IST
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...
05 Nov, 2024, 10.59 AM IST
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...
22 Apr, 2021, 02.13 PM IST
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...
03 Nov, 2020, 12.21 PM IST
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...
21 May, 2020, 04.10 PM IST
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...
30 Mar, 2020, 09.29 PM IST
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...
18 Mar, 2020, 04.39 PM IST
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...
17 Sep, 2019, 04.11 PM IST
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...
19 Feb, 2019, 02.08 PM IST
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...
09 Jan, 2019, 05.43 PM IST
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...
29 May, 2018, 11.54 PM IST
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...
15 Jan, 2018, 08.19 AM IST
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, ...
08 Nov, 2017, 01.00 AM IST
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.
30 Aug, 2017, 02.06 PM IST
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...
27 Jul, 2016, 03.33 PM IST
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.
29 Apr, 2016, 03.14 AM IST
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...
22 Jun, 2015, 07.45 PM IST