Design services company, Synapse Design, has acquired Ranchi-based Asilicon and is planning to expand the engineering workforce at the new facility by over 200%.
Silicon Valley-based Synapse Design Inc., through their Bangalore-based subsidiary Synapse Techno Design Innovations Pvt Ltd, has acquired Asilicon, a Ranchi-based engineering services company.
While Synapse, a design services company, employs 300 engineers in their Bangalore facility and has engineering centres in 7 countries, the Indian acquisition has resulted in a gain of 80 engineers and a second design center in India. Synapse Techno will hire 200 engineers to work at the Ranchi facility.
Synapse COO and MD, Devesh Gautam (right above), told EE Times India that Ranchi has a lot of untapped talent and that the company wants to help Jharkhand grow and become a model state for eastern India. "For engineers in Ranchi, those who join our company have a great opportunity to experience working collaboratively with our design centres based in 7 countries and to work on highly complex SOCs and ASICs," he added.
Synapse Techno supports design and development of products for IDM, ODM and fabless semiconductor companies targeting automotive, 5G, IOT, storage data, gaming, camera, mobile and networking markets. Synapse Techno claims it taped out 35 complex SoCs last year at process nodes ranging from 28nm down to 7nm. Synapse Techno also delivers embedded software services for storage and LTE products.
“We are excited about the tremendous customer-driven growth we are experiencing,” said Satish Bagalkotkar (left above), President and CEO, Synapse Design, in a press statement. “The focus of the Ranchi office will be to provide lower-cost offshore design center services for our customer’s designs targeting 7nm and 10nm process technology.”