In a strategic move to increase its global footprint in semiconductors, L&T Semiconductor Technologies completed the acquisition of design assets for power modules from Fujitsu General Electronics (FGEL) of Japan.
The deal included the acquisition of state-of-the-art R&D equipment, design patents, and intellectual property related to Fujitsu’s power module technologies. This acquisition is a very important milestone on the power electronics road for LTSCT and will considerably ramp up its design capabilities for industrial, automotive, and energy applications.
LTSCT Chief Executive Sandeep Kumar reflected that the acquisition is a major step forward towards the company’s long-term vision of taking the Indian semiconductor ecosystem to a truly global level. “It strengthens our intellectual property portfolio, and strengthens our design capability, moving us ever closer to fulfilling our promise of designing world-class semiconductor solutions,” he said.
For Fujitsu General Electronics, the transition is geared towards continuity and continued development of its power module technologies. FGEL Director and COO Tadashi Hasegawa welcomed the move, saying, “LTSCT shares our commitment to innovation and technological excellence. We believe this transition will promote further growth and generate value for global customers.”
Industry analysts see the acquisition as a move that might give India’s semiconductor industry a keener competitive advantage, particularly in power electronics a sector vital to future energy systems and electric mobility solutions.
