• HCL Technologies to acquire Sankalp Semiconductor to enhance Leadership in the Semiconductor and Industrial IoT (Internet of Things) Spaces.
NOIDA, India, September 11, 2019 : HCL Technologies Limited (HCL), a leading global technology company, announced the acquisition of Sankalp Semiconductor (Sankalp), an advanced technology design services provider offering comprehensive digital & mixed signal SoC services and solutions from concept to prototype, in the semiconductor space.
Sankalp, with 5000+ man-years of experience in the semiconductor design space, brings strong capabilities in analog, digital and mixed signal chip design. It provides end-to-end solutions in the Automotive, Consumer, IoT, Medical Electronics, Networking and Wireless domains.
Sankalp’s capabilities, combined with HCL’s existing strengths, will help HCL sustain its leadership position in the semiconductor space within the Engineering and R&D Services industry. This strategic acquisition would enable HCL to further expand into newer market-domains, especially in analog and mixed signal design.
“Sankalp will complement our strong 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. “Sankalp will operate as a 100% subsidiary of HCL’’ he added.
“The strategic acquisition will enable synergies between engineering teams allowing us to offer a 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.
About Sankalp Semiconductor :
Sankalp is an advanced technology services provider offering comprehensive solutions from concept to prototype, in the semiconductor space, that offers an integrated portfolio of services to its clients in key domains including digital, analog, high speed physical interface IP, Embedded Memory Compiler, EDA and modelling.
Sankalp is the preferred semiconductor design service partners to several Fortune 500 companies in Automotive, Consumer Electronics, Industrial IoT and Medical electronics space. Sankalp helps its customers achieve their time-to-market window by delivering first pass silicon designs and engage with product engineering teams across the globe to design System-on-Chip. Sankalp Semiconductor has centres in US, India, Canada and Germany.
