Hero Electronix's Tessolve acquires UK-based chip design services firm T&VS

The acquisition is expected to help Tessolve to become the largest semiconductor engineering services player in the world

Hero Electronix, a part of the Hero Group, primarily known for manufacturing motorcycles, said it has acquired UK-based Test & Verification Solutions (T&VS), a leading provider of chip design services. The acquisition was made through Tessolve, a Hero Electronix venture and a leading engineering solutions company, for an undisclosed amount. The acquisition provides a strong impetus to Tessolve’s chip design offering taking its overall company strength to over 2,000 engineers. The company said it firmly cements Tessolve as a leading end-to-end provider of semiconductor engineering services.

“This is the largest acquisition by Tessolve till date and a critical addition in