The company informed the exchanges that L&T Semiconductor Technologies Limited has entered into a Share Purchase Agreement on July 8, 2024, for the acquisition of 100 per cent stake in SiliConch Systems Private Limited.
The acquisition of SiliConch is expected to be completed by 15th September 2024, as per the filing.
L&T Semiconductor Technologies said that the acquisition will add IP, engineering skillsets, and design expertise to strengthen the Group’s presence in the fabless semiconductor business, and thus align with the overall growth strategy of LTSCT.
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Denne historien er fra July 10, 2024-utgaven av The Business Guardian.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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KRR Heavy Engineering gets into aerospace industry
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Annu Projects secures Rs 5 cr from Chankya Opportunities
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ISB & IIM AHMEDABAD ON LINKEDIN'S TOP MBA LIST
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MEGHALAYA BANS 'TWO-FINGER TEST'
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Police hold self defence trainer for sexually assaulting minor girl
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Delhi HC mandates video recording for SC/ST Act bail hearings
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