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Moschip planning acquisitions to strengthen Semiconductor Business Unit

24 Jul 2018 Evaluate

Moschip Semiconductor Technology (Moschip) has approved definitive agreements / arrangements for the acquisition of four companies, namely, Gigacom Semiconductor LLC, California, USA, Gigacom Semiconductor, Visakhapatnam, FirstPass Semiconductors, Hyderabad, and Institute of Silicon Systems, Hyderabad.

The company is making these acquisitions as part of the company’s growth plans to offer the full suite of skillset and expand business geography. The acquisitions will come into immediate effect, subject to all necessary approvals.

Moschip is a fabless semiconductor company. The company’s principal activity includes software development and designing.

Peers
Company Name CMP
TCS 2495.10
Infosys 1163.00
HCL Technologies 1430.00
Wipro 196.10
Tech Mahindra 1785.40
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