Trident Techlabs Buys Sivaltech

Trident Techlabs of India is to buy 60% of  Sivaltech Group.

Sivaltech specialises in semiconductor design and related technologies with locations in the US and India.

The acquisition is to strengthen Techlabs’ presence in the semiconductor services market.

Trident Techlabs’ subsidiary,Techlabs Semiconductor,  and Sivaltech will focus on semiconductor design services, packaging solutions, testing and verification, process optimisation, and end-to-end design services.

By leveraging the strengths of both companies, the goal is to build a resilient semiconductor ecosystem in India, supporting local design and manufacturing, as well as reducing reliance on foreign providers, said Trident.

The deal is expected to enable both companies to address a broader customer base globally, particularly in the US, and develop a talent pool in semiconductor technology. .

Trident Techlabs CEO Sukesh C Naithani said: “Our combined strengths will provide design capabilities, enhance R&D initiatives and foster cutting‐edge solutions for both domestic and global markets.
“We are excited as this collaboration enhances our commitment to providing cutting‐edge semiconductor solutions, strengthens our position in the domestic and global market and supports the growing demand for advanced technologies.”

Sivaltech group Founder Vanesh Reddy and CEO Jimmy Pak added: “We believe that the synergies created through this partnership between Sivaltech and Techlabs will serve as a testament to the power of collaboration to achieve collective greatness together.”