Looking at 3-4 more acquisitions in the chip design space: L&T Semiconductor Technologies

L&T Semiconductor Technologies, a subsidiary of engineering and construction major L&T, is looking at acquiring 3-4 more companies to boost its $300 million (Rs 2,500 crore) chip design foray. The company recently acquired SiliConch Systems, a chip product company in power management, for Rs 183 crore. L&T Semiconductor Technologies CEO Sandeep Kumar, spoke with FE, about acquisition plans, market potential from chip design, customers in pipeline, as well as potential foray into fabrication.