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TESSOLVE ACQUISITION
AI turbocharges chip design: Cadence, Samsung, Tessolve units see India at heart of next-gen semiconductor R&DArtificial intelligence (AI) is rapidly reshaping how complex chips are conceived, verified and brought to market, with global players such...- 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...
- ETtech Deals Digest: Razorpay, Chargebee raise fundsIndia’s fast-growing fintech and digital payments sector continues to attract investors.
- 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...
- Gift of the jabAlso in today's ETtech Morning Dispatch: TCS, Infosys, Wipro and Tech Mahindra are kicking off covid vaccination drives; Social media is In...
- 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 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 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...
- 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.
- $75 bn global risk capital to flow into India: IDGIndustry watchers are linking large inflows to opening up of more sectors such as retail to overseas PE & VC funds.
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