Hero Electronix may sell up to 30% stake in semiconductor firm Tessolve

Quick Summary:

With over 3,000 engineers, the company is known for its expertise in advanced semiconductor technologies, according to its official website.

With an aim to tap into India’s technology business segment, Hero Electronix has a presence in over 10 countries and more than 50 cities.

Munjal is chairman of Rockman Industries, one of the oldest Hero Group companies that manufactures automotive components.

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Article Details

Category: BusinessFinance

Markets: IndiaChina

Topics: Rockman Industries Bengaluru-based Tessolve Srini Chinamilli Ebitda valuation Semiconductor design Hero Group Hero Electronix Semiconductor industry Suman Kant Munjal Advanced semiconductor technologies Tessolve stake sale

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 09:38:57 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 316 words

Reading Time: 2 minutes read

Sentences: 17 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23421740

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