Palo Alto, California-based Aricent plans to invest $500 million in India to boost its product development capacity. Chief strategy officer Payal Koul Mirakhur told the Press Trust of India in an interview that India “is a key geography for us.” Aricent has centers in Europe and the U.S. too, but...
Aricent Acquires India’s SmartPlay Technologies
California-based pure-play product engineering and software firm Aricent acquired SmartPlay Technologies of Bangalore for $180 million. 1,100 developers at Aricent and the staff of 1,200 at SmartPlay will be combined to create a new group that will focus on custom versions of chip sets for servers, game consoles and other...