Post

Aricent Acquires India’s SmartPlay Technologies

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 systems adding security, graphics and other accelerators. The co-founder and CEO of SmartPlay Pradeep Vajram will be the president of the new group.

“A lot of companies are looking at vertical integration and want devices that are specific to their needs that they can build value on,” Vajram told EE Times. “There are big OEMs convinced semiconductors will add value for them — this trend is just beginning and will continue. India is very mature right now when it comes to implementation skills — I don’t think there is any difference between its capabilities and those in North America and Europe,” Vajram said.

Share

About Amritt

Who We Are

Small or big, your business will love our financial help and business consultations! We are happy when our clients are too… Actually, this is quite simple to achieve – because each time we help them in sorting out different accounting intricacies or save the day before filing the taxes, they are happy indeed! And so are we.   

We have over Twenty years of experience helping our clients succeed in India
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Blog
Page
Dictionary
Comparisons
Capabilities
India Business Guide
Services
Private
Speaking
Insights
White Papers
News
Newsletters
Clients
Case Studies
Companies In India
Webinars
Presentations
Industries