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 …
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 …