Hero group company acquires analog design biz

The acquisition was made through Tessolve, a Hero Electronix venture and a leading provider of engineering services. The acquisition adds to Tessolve’s analog design services offering and strengthens its capabilities as an end-to-end provider of engineering services. 

Hero Electronix and its group companies aim to build engineering led businesses in technology and electronics. Hero Electronix’s revenue at the end of FY 2017 stood at Rs 600 crores; Tessolve was a key contributor, growing at 40% y-o-y. AnalogSemi comprises a team of talented engineers with extensive capabilities in this domain. 

The leadership team has over 110 years of cumulative analog design experience and have built strong relationships with semiconductor companies in the 3 years since AnalogSemi’s incorporation.