HCL Technologies Ltd has under a definitive agreement acquired a Bengaluru-based privately held engineering services firm, Concept to Silicon Systems (C2SiS), for an undisclosed sum.
“C2SiS today is empowering strategic change in a broad range of industries with its specialisation in system-on-chip and system design services and its client list includes Fortune 100 and Fortune 500 companies”, HCL Technologies said in a BSE filing.
It further said, “With this strategic acquisition, HCL will be able to leverage C2SiS’ technical prowess in areas such as System-on-Chip, Physical design etc and will further extend its leadership position in the semiconductor industry.”
Shares of HCL Technologies were trading at ₹846.70 apiece, up 0.64 per cent from their previous close on BSE.