NetApp, the data storage company in San Jose, California, says India is its fastest-growing market in Asia and the home of its largest global capability center. The company's chief executive, George Kurian, made the case in an interview in Las Vegas, where NetApp holds its Insight 2026 conference. "India has...
Infineon Acquires Indian Chip Design Company
Infineon Technologies, the German semiconductor maker based in Neubiberg, near Munich, is buying C2i Semiconductors, a four-year-old chip design company in Bengaluru, southern India. The deal adds a team that builds power-management chips for artificial intelligence data centers to Infineon's existing power systems business. C2i Semiconductors designs what the companies...
Permira and TPG Buy Stakes in India’s Cloudnine Maternity Hospitals
Permira of London and TPG of San Francisco, California, have bought stakes in Cloudnine Hospitals, a maternity and child care chain based in Bengaluru, in southern India. Mint reported the $450 million deal on September 29, citing two people familiar with the matter, and said it values Cloudnine at $1.3...
BlackstoneSays India at ‘Tipping Point’ for Foreign Investment
Blackstone says its investments in India have become its best performing anywhere in the world, and that the country is nearing what its president calls a "tipping point" for foreign capital. Jon Gray, president and chief operating officer of Blackstone, described the shift in an interview with Bloomberg Television's Wall...
Applied Materials Deepens Its India Semiconductor Bet
The investment centers on a new 140-acre research park iwhere the company will expand research and development, introduce new technologies and grow its India-based supply chain tenfold, Data Center Dynamics reported. Applied Materials already runs chip equipment design, testing, validation and research operations in Bengaluru, and has quadrupled its India...
Belden Expands Manufacturing for Its Ruckus Wireless Business in India
Belden, the networking equipment maker headquartered in St. Louis, Missouri, is expanding local manufacturing capacity at its existing facility in Pune, India, to build Ethernet switches for its Ruckus Wireless business, according to Business Standard. The move follows Belden's $1.8 billion acquisition of Ruckus Wireless and marks a break from...