- 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
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?
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.
