HCL is planning to acquire Butler Aerospace, a company that offers engineering and design services to the U.S. aerospace and defence industry.
The acquisitions were part of MosChip's growth plans in the Internet of Things area.
With this transaction, ADI enhances its aerospace and defence capabilities in the area of secure radio communications.
Japan's TDK Corp. has placed a Rs.368.93 crore ($55 million) bid to buy MEMS manufacturer Tronics Microsystems.
The acquisition is a step towards Hero Electronix's goal of becoming an ₹7,000 crore global digital business.
Both Wolfspeed and Infineon Technologies are the market leaders and the pact reinforces their dominant market position.
Despite a “little overlap” between the companies’ IoT products, those destined for a hard look will be Cypress’ Bluetooth products.