Following this acquisition, Bengaluru-based Graphene that has employees in India, Singapore, Taiwan and Malaysia has become 100% subsidiary of LTTS
L&T Technology Services Ltd ( LTTS), a leading global pure-play engineering services company, has completed the acquisition of Bengaluru-based Graphene Semiconductor Services Pvt. Ltd, a provider of end to end semiconductor services.
The acquisition was done in accordance with the terms set out in the agreement announced by the company on September 6, said LTTS in a statement released on October 16.
Graphene’s strong offshore presence coupled with expertise in complete VLSI Chip Design & Embedded Software will enhance LTTS’ capabilities in the Semiconductor & Product OEM space.
Following this transaction, Graphene, with employees in India, Singapore, Taiwan, and Malaysia, has become a wholly owned subsidiary of LTTS.
Headquartered in India, LTTS is a subsidiary of Larsen & Toubro Limited focused on Engineering and R&D (ER&D) services.
