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14 hours ago · Larsen & Toubro (L&T) announced on Tuesday that it will acquire Bengaluru-based SiliConch Systems for Rs 183 crore to enhance its fabless semiconductor business. The deal, involving L&T Semiconductor Technologies Ltd., will be finalized by September, pending customary conditions. The acquisition includes an upfront payment of Rs 133 crore and a deferred Rs 50 crore over four years, contingent ...
14 hours ago · NEW DELHI: L&T Semiconductor Technologies Limited (LTSCT), a wholly-owned subsidiary of Larsen & Toubro, has agreed to acquire a 100% stake in Bengaluru-headquartered Siliconch Systems Private ...
Incorporated in April 2016, SiliConch Systems Pvt Ltd is based out of Bengaluru and specialises in the development and design of semiconductor Intellectual Property (IP) and Integrated Circuits (IC).
13 hours ago · New Delhi [India], July 9, (ANI): L&T Semiconductor Technologies Limited, a wholly owned technology arm of Larsen and Turbo, on Tuesday announced it will acquire SiliConch Systems Private Limited. 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 […]
12 hours ago · Incorporated in April 2016, SiliConch Systems Pvt. Ltd. is based out of Bengaluru and specialises in the development and design of semiconductor Intellectual Property (IP) and Integrated Circuits (IC). Between financial year 2022 and 2024, SiliConch has reported revenue of ₹11.02 crore, ₹19.97 crore and ₹27.68 crore respectively.
13 hours ago · "L&T Semiconductor Technologies Ltd, a wholly-owned subsidiary of the company has entered into a share purchase agreement on July 8, 2024 for acquisition of 100 per cent stake in SiliConch Systems," L&T said in a filing to BSE. The acquisition is likely to be completed by September, subject to customary closing conditions.
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19 hours ago · L&T Semiconductor Technologies Ltd, a wholly-owned subsidiary of L&T, entered into the share purchase agreement on July 8, 2024, for a 100% stake in SiliConch Systems.
