L&T Technology Services Ltd.

BSE: 540115 | NSE: LTTS
Mid Cap | IT - Software
3434.95
61.50 (1.82%)
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LTTS completes acquisition of Graphene Semiconductor Services

Date: 17-10-2018

L&T Technology Services (LTTS) has completed the acquisition of Bengaluru-based Graphene Semiconductor Services, a provider of end to end semiconductor services, with effect from October 15, 2018. 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.

LTTS is a listed subsidiary of Larsen & Toubro focused on Engineering and R&D (ER&D) services.