L&T Technology Services has completed the acquisition, effective October 15, 2018, of Bengaluru-based Graphene Semiconductor Services, a provider of end-to-end semiconductor services.
The acquisition is in accordance with the terms set out in the agreement announced by the company on September 6, 2018. Graphene’s strong offshore presence coupled with expertise in complete VLSI Chip Design & Embedded Software, will enhance LTTS’ capabilities in the Semiconductor and Product OEM space.
Following this transaction, Graphene, with employees in India, Singapore, Taiwan, and Malaysia, has become a wholly-owned subsidiary of LTTS.
