L&T Technology Services, a leading global pure-play engineering services company, has completed the acquisition, effective October 15, of Bengaluru-based Graphene Semiconductor Services Pvt Ltd, a provider of end-to-end semiconductor services.
The acquisition is in accordance with the terms set out in the agreement announced by the company on September 6. Graphene’s strong offshore presence, coupled with expertise in complete VLSI chip design and embedded software will enhance LTTS’ capabilities in the semiconductor & product OEM space.
(LTTS), the engineering services arm of L&T, has completed the acquisition of US-based design services firm Esenica in 2017. With this, EsenicaTechnologies will become a subsidiary of L&T Technology.
This acquisition is expected to enhance the company’s global offerings in areas such as perceptual computing, advanced silicon and wireless networking technologies and should enable the company to offer very large scale integration (VLSI) and application specific integrated circuit (ASIC) services to its global customers across hi-tech and semiconductor industries.