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Hero Electronix’s Tessolve acquires German deisgn firm Dream Chip
2 months ago

Hero Electronix’s Tessolve acquires German deisgn firm Dream Chip

The Hindu  

Tessolve Semiconductor Private Ltd, a Hero Electronix company and provider of semiconductor engineering solutions for chips, has announced the signing of a definitive agreement to acquire 100% of Dream Chip Technologies, a semiconductor chip design firm headquartered in Germany, for a consideration of up to ₹400 crore. The acquisition will also expand Tessolve’s European operations by adding four delivery locations …

Chip Design Solutions Dream Chip German Deisgn Tessolve Semiconductor
Hero Electronix's Tessolve acquires German chip design firm for ₹ 400 crore
2 months ago

Hero Electronix's Tessolve acquires German chip design firm for ₹ 400 crore

Live Mint  

New Delhi: Semiconductor design company Tessolve, owned by Hero Electronix, has acquired Germany's Dream Chip Technologies for ₹400 crore, in a deal that would enable the Bengaluru-based technology firm design more complex processors and give it a competitive edge. Ujjwal Munjal, chairman of Tessolve, said in a statement: “With the synergy brought by Dream Chip Technologies, I am confident that …

Design Germany German Dream Chip Dream Chip Chip Design
Hero Group’s consumer electronics business to seek ₹200 crore external funding
1 year, 3 months ago

Hero Group’s consumer electronics business to seek ₹200 crore external funding

Live Mint  

New Delhi: Hero Electronix, a subsidiary of the Hero Group, said it will look to raise funds from external investors by the end of the year as it looks to double its revenue by next year. Hero Electronix's brand Qubo designs and markets products in the smart home and smart mobility segments, including home cameras, smart locks and a range …

Hero Crore Hero Group 200 Crore Hero Electronix
Petronet LNG, Bharti among firms to commit ₹100 cr. each to combat COVID-19
4 years, 9 months ago

Petronet LNG, Bharti among firms to commit ₹100 cr. each to combat COVID-19

The Hindu  

Petronet LNG, Bharti Enterprises and Hero Group have committed ₹100 crore each to support efforts to combat the COVID-19 in the country. While Petronet LNG said that the entire sum of ₹100 crore will be contributed to the newly-created PM-CARES Fund, Bharti Enterprises and Hero Group will be putting a part of contribution in the fund and part of it …

Fund Covid Lng Bharti Bharti Enterprises Hero Group Petronet Lng
Coronavirus Outbreak: Hero Group to contribute Rs 100 crore to PM-Cares fund for relief measures from the pandemic
4 years, 9 months ago

Coronavirus Outbreak: Hero Group to contribute Rs 100 crore to PM-Cares fund for relief measures from the pandemic

Firstpost  

The Hero Group has recently announced a contribution of Rs 100 Crore towards the relief measures from the Coronavirus pandemic. The group will be giving Rs 50 crore to the PM-Cares fund while the remaining Rs 50 crore will be used for other relief measures. The companies that are doing this contribution from the Hero Group are Hero MotoCorp, Hero …

Hero Relief Measures Hero Group
Coronavirus outbreak: Hero Group pledges Rs 100 cr to fight Covid-19
4 years, 9 months ago

Coronavirus outbreak: Hero Group pledges Rs 100 cr to fight Covid-19

India Today  

As India fights the Covid-19 pandemic, Hero Group has pledged Rs 100 crore towards the relief-efforts. Among the Hero Group companies contributing to the Rs 100 crore fund are Hero MotoCorp, Hero FinCorp, Hero Future Energies, Rockman Industries, Hero Electronix, Hero Enterprise and AG Industries. Hero Future Energies, a leading wind and solar energy sector firm, is distributing food items …

Hero Hero Motocorp Hero Group Rs 100 Cr