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...
01 Sep, 2025, 12.34 PM IST
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 ...
26 Aug, 2025, 06.00 AM IST
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...
17 Jul, 2025, 11.42 AM IST
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
To address talent shortage, chipmakers skilling engineering studentsFirms like Intel India, AMD, Applied Materials and Tessolve are teaming up students and employees to work on real-life projects, establishi...
20 Jun, 2024, 07.12 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
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 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 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
Tech firms to invest Rs 2,600 crore in electronic manufacturingWhile Tejas Networks will invest in telecom equipment manufacturing, Tessolve Semiconductor plans to set up an assembly and testing plant.
02 Feb, 2015, 07.54 PM IST
- India set to become hub for assembly test mark pack facilities
Assembly-test-mark-pack facilities led the development of semiconductor ecosystem in Taiwan and it could trigger this effect in India also....
25 Dec, 2007, 02.35 PM IST
- Tessolve to invest $250m in TN plant
Tapp Semiconductor (I), a subsidiary of the NRI-promoted Tessolve, will pump in $200-250m in a semiconductor production and packaging plant...
19 Aug, 2006, 01.00 AM IST