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M&A Deal Summary

Tessolve Acquires P2fsemi

On October 27, 2022, Tessolve acquired semiconductors company P2fsemi

Acquisition Highlights
  • This is Tessolve’s 1st transaction in the Semiconductors sector.
  • This is Tessolve’s 1st transaction in India.

M&A Deal Summary
Date 2022-10-27
Target P2fsemi
Sector Semiconductors
Buyer(s) Tessolve
Deal Type Add-on Acquisition

Target

P2fsemi

Bengaluru, India
P2fsemi is a provider of premier semiconductor technical solutions to global customers and delivered multiple complexes SoCs delivered at < 10nm. The company enables customers to get first-pass silicon success with their 100+ Physical Design experts specialized in technology nodes down to 3nm. Its capabilities include hardening high-speed & complex IPs and complex low-power SOCs from top-level implementation to signoffs. P2fsemi was formed in 2018 and is based in Bengaluru, India.

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Buyer(S) 1

Buyer

Tessolve

Bengaluru, India
Category Company
Founded 2004
Sector Semiconductors
Employees2,000
DESCRIPTION

Tessolve is a semiconductor engineering solution provider. Tessolve offers end-to-end product design services in the embedded domain from concept-to-manufacturing under an ODM model with experience in IoT & multimedia products for the Avionics, Automotive, Industrial and Medical segments. Tessolve was founded in 2004 and is based in Bengaluru, India.

DEAL STATS #
Overall 2 of 2
Sector: Semiconductors M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: India M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-17 T&VS

Bristol, United Kingdom

T&VS is a hardware verification and software testing solutions provider. T&VS’ embedded software testing services includes onsite/offshore testing support, such as assistance with safety certification and security testing. T&VS was founded in 2008 and is based in Bristol, United Kingdom.

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