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HCL Tech Concludes Acquisition Of Sankalp Semiconductor

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  • The acquisition will help HCL maintain its leadership position in the semiconductor space within the Engineering and R&D Services industry
  • It will enable deeper engagements with customers in the end-to-end digital and mixed-signal design space
  • Sankalp will operate as a 100% subsidiary of HCL
Representational image

HCL Technologies Limited (HCL), has announced that it has acquired Sankalp Semiconductor (Sankalp), an advanced technology design services provider offering digital & mixed signal SoC services and solutions from concept to prototype, in the semiconductor space.  

 

What will it bring to the table?

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The acquisition will help HCL maintain its leadership position in the semiconductor space within the Engineering and R&D Services industry. It would also enable HCL to further expand into newer market-domains, especially in analog and mixed-signal design, a company statement read.

“The strategic acquisition will enable synergies between engineering teams allowing us to offer broader semiconductor know-how, to a wider variety of customers. The joined forces will enable deeper engagements with customers in the end-to-end digital and mixed-signal design space,” said Samir Patel, CEO Sankalp Semiconductor.

“Sankalp will complement our semiconductor offerings and help offer a wider range of services to our customers in the Analog & Mixed signal space,” said GH Rao, president – Engineering and R&D Services, HCL Technologies. He further added that Sankalp will operate as a 100% subsidiary of HCL.

About the companies

HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). Sankalp is the semiconductor design service partner to several Fortune 500 companies in Automotive, Consumer Electronics, Industrial IoT and Medical electronics space. 

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