TPG Inc has emerged as the frontrunner to buy a significant minority stake in Tessolve, the semiconductor design and engineering company majority owned by Hero Electronix, people familiar with the matter told ET...
Wipro and Warburg amplify talks for Harman India arm
Global private equity firm Warburg Pincus and Wipro Technologies are in advanced negotiations to acquire the digital transformation solutions (DTS) business of US-headquartered audio and connected technologies firm...
Bosch acquires majority stake in JCHAI, becomes major player in India’s AC market
Robert Bosch Gmbh is set to get a bigger foothold in India’s home appliances market, with the German giant taking control of AC maker Johnson Controls-Hitachi Air Conditioning India (JCHAI). Bosch bought a 74.2%...
Schneider to buy remaining 35% in India JV from Temasek
Schneider Electric, the global major in energy management and automation, on Wednesday said it will acquire the remaining 35% stake in Schneider Electric India Private Limited from Singapore’s Temasek for 5.5...
Amber Group buys over 40% in Israel’s Unitronics
Electronics manufacturer Amber Group has signed definitive agreements to take a 40.24% controlling stake in Israel-based Unitronics, a global player in industrial automations and control systems, for more than ₹400...
Panasonic in talks to buy controlling stake in Focus Lighting and Fixtures
Panasonic is in talks to buy a controlling stake in business-to-business (B2B) light fittings maker Focus Lighting and Fixtures, in what would be its second acquisition in the electricals segment in India after nearly...
Dixon Technologies receives govt approval for JV with Chinese firm Longcheer
Dixon Technologies has received approval from the Indian government to form a joint venture (JV) with Chinese peer Longcheer, according to a regulatory filing. The JV will be formed between Dixon and Longcheer’s...
Sony explores sale of cellular chipsets business, sources say
Sony Group is exploring a sale of its unit that provides cellular chipsets for connected devices, as the group shifts its focus to the entertainment segment, according to three people familiar with the matter. The...
Advent, TPG, Kedaara among others in race to buy into Hero Group’s Semiconductor arm Tessolve
A clutch of prominent private equity (PE) players, including Advent International, TPG Growth, Kedaara Capital, Goldman Sachs, and ChrysCapital, are in discussions to acquire a significant minority stake in Tessolve...
Dixon Technologies to pick 51 pc stake in Q Tech India
Electronics manufacturing services firm Dixon Technologies (India) Ltd on Tuesday said it has signed a binding term sheet to acquire a 51 per cent stake in Kunshan Q Tech Microelectronics (India). The proposed...
IonQ to buy Oxford Ionics for $1.08 billion to expand quantum computing research
IonQ will acquire its British peer Oxford Ionics for $1.08 billion, the companies said on Monday, helping the U.S.-based quantum computing firm deepen its research expertise in the complex technology that is seeing...
Qualcomm bypasses logic gate with $2 bln UK deal
Artificial intelligence is so fast-moving and potentially all-encompassing that it makes sense for technology giants to pay up just to stay relevant. Look at all the money Microsoft and Amazon.com have poured into large...
