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Tessolve, a leading semiconductor engineering solutions provider, has announced a definitive agreement to acquire German chip design firm Dream Chip Technologies in a deal valued up to ₹400 crore. This acquisition strengthens Tessolve’s global footprint and enhances its capabilities in delivering end-to-end, turnkey design solutions for advanced chips, particularly in System on Chip (SoC) applications across the AI, automotive, data center, and industrial sectors. As part of this acquisition, Tessolve will add four new delivery centers in Germany and the Netherlands, including a specialized Advanced Driver Assistance Systems (ADAS) and imaging center of excellence. Srini Chinamilli, Tessolve’s CEO, highlighted that this deal positions Tessolve among the few global design firms with comprehensive capabilities to tackle complex ASIC design projects. Jens Benndorf, CEO of Dream Chip, noted that the combined strengths of Dream Chip’s design IP and Tessolve’s established services will enable fully integrated solutions, from chip architecture to post-silicon testing and supply chain management. This collaboration aims to drive innovation, especially in camera-based and AI-driven ASIC applications. In parallel, reports indicate that Hero Electronix, a key stakeholder in Tessolve, may sell a 25-30% stake in the company, though Hero remains committed as a long-term majority shareholder. Thanks again to The Economic Times for the full article with more background and insights click the source link in the comments below 💡 🙏👇 #Semiconductors #ChipDesign #Acquisition #TechInnovation #AI #ADAS #AutomotiveTech #SoC #ASIC #DataCenter #SemiconductorIndustry #Tessolve #DreamChip

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Abhay Kumar

Sr. Delivery Manager -Talent Acquisition at Connectpro Management Consultants PVT. LTD

4mo

Great news

Josh Isaac

Advocate Design Engineer for Chips, hardware and software systems

4mo

Thanks for sharing.

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