Announced
Financials
Sources
Tags
semiconductors
Single Bidder
Pending
Semiconductors
Majority
Acquisition
India
Domestic
Private
Friendly
Synopsis
Infosys, a next-generation digital services and consulting company, agreed to acquire InSemi, a semiconductor design and embedded services provider. Financial terms were not disclosed. “Infosys has been a leader and at the forefront of delivering cutting edge solutions across industries with Engineering R&D services. With the advent of AI, Smart devices, 5G and beyond, electric vehicles, the demand for next-generation semiconductor design services integrated with our embedded systems creates unique differentiator. InSemi is a strategic investment as we usher a next wave of growth and a leadership position in Engineering R&D,” Dinesh R, Infosys EVP & Co-Delivery Head.
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