{"id":831250,"date":"2024-07-10T10:13:05","date_gmt":"2024-07-10T04:43:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=831250"},"modified":"2024-07-10T10:13:05","modified_gmt":"2024-07-10T04:43:05","slug":"lt-semiconductor-technologies-to-acquire-siliconch-systems-for-rs-183-crore-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/10\/lt-semiconductor-technologies-to-acquire-siliconch-systems-for-rs-183-crore-2\/","title":{"rendered":"L&amp;T Semiconductor Technologies to acquire SiliConch Systems for Rs 183 crore"},"content":{"rendered":"<p>NEW DELHI: L&amp;T Semiconductor Technologies Limited (LTSCT), a wholly-owned subsidiary of Larsen &amp; Toubro, has agreed to acquire a 100% stake in Bengaluru-headquartered Siliconch Systems Private Limited for a total of Rs 183 crore.<\/p>\n<p>The deal consists of an upfront amount of Rs 133 crore payable at closing, and a deferred amount of Rs 50 crore payable over four years, subject to closing adjustments and achievement of certain targets and other conditions, according to a regulatory filing by L&amp;T on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: L&amp;T Semiconductor Technologies Limited (LTSCT), a wholly-owned subsidiary of Larsen &amp; Toubro, has agreed to acquire a 100% stake in Bengaluru-headquartered Siliconch Systems Private Limited for a total of Rs 183 crore. The deal consists of an upfront amount of Rs 133 crore payable at closing, and a deferred amount of Rs 50 crore payable over four years, subject to closing adjustments and achievement of certain targets and other conditions, according to a regulatory filing by L&amp;T on Tuesday.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-831250","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/831250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=831250"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/831250\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=831250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=831250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=831250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}