Semiconductor Company Tessolve Raises Usd 150 Mn From Tpg
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Semiconductor company Tessolve raises USD 150 mn from TPG
Tessolve Semiconductor Secures $150 Mn Funding from TPG for its Global Delivery Centres
Tessolve, a Bengaluru-based semiconductor engineering services firm owned by Hero Electronix, has secured $150 million from the growth division of investment firm TPG for acquisitions. It will enhance its testing laboratories and strengthen its global delivery centres, according to a statement issued by the companies on September 1. The investment will be used to bolster Tessolve’s global delivery centres, broaden its advanced testing laboratori…
Tessolve Raises USD150 Million from TPG - Auto Components India
Tessolve has raised USD150 million from the global investment firm TPG. The company said the funding will be used to strengthen its global delivery centres, expand advanced test laboratories, and enhance its end-to-end semiconductor engineering services. Tessolve employs more than 3,500 engineers and is backed by Hero Electronix and Novo Tellus Capital Partners. The company stated that the investment marks an important step in its growth strateg…
Tessolve raises $150M from TPG to expand global delivery centres
Bengaluru-based semiconductor engineering services firm Tessolve plans to use the funds to expand global delivery centres, scale advanced test labs and pursue strategic acquisitions to consolidate its position in the domestic and global semiconductor market.
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