{"id":831362,"date":"2024-07-10T10:26:56","date_gmt":"2024-07-10T04:56:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=831362"},"modified":"2024-07-10T10:26:56","modified_gmt":"2024-07-10T04:56:56","slug":"lts-semiconductor-arm-acquires-bengaluru-based-siliconch-systems","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/10\/lts-semiconductor-arm-acquires-bengaluru-based-siliconch-systems\/","title":{"rendered":"L&amp;T&#8217;s semiconductor arm acquires Bengaluru-based SiliConch Systems"},"content":{"rendered":"<p>Larsen &amp; Toubro\u2019s (L&amp;T) whole-owned subsidiary L&amp;T Semiconductor Technologies (LTSCT) signed an agreement on Monday for acquisition of 100% stake in Bengaluru-based SiliConch Systems for a cash consideration of Rs 183 crore.<\/p>\n<p>\u201cThe acquisition is expected to add intellectual property (IP), engineering skillsets and design expertise to strengthen the Group\u2019s presence in fabless semiconductor business, and thus aligns with the overall growth strategy of LTSCT,\u201d L&amp;T said in a regulatory filing on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Larsen &amp; Toubro\u2019s (L&amp;T) whole-owned subsidiary L&amp;T Semiconductor Technologies (LTSCT) signed an agreement on Monday for acquisition of 100% stake in Bengaluru-based SiliConch Systems for a cash consideration of Rs 183 crore. \u201cThe acquisition is expected to add intellectual property (IP), engineering skillsets and design expertise to strengthen the Group\u2019s presence in fabless semiconductor business, and thus aligns with the overall growth strategy of LTSCT,\u201d L&amp;T said in a regulatory filing 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-831362","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\/831362","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=831362"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/831362\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=831362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=831362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=831362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}