Indian chipmaker Polymatech Electronics acquires Nisene Technology Group Inc, bolstering its advanced chip fabrication and testing capabilities.

Indian chipmaker Polymatech Electronics acquires California-based Nisene Technology Group Inc., a 50-year industry veteran. The deal bolsters Polymatech's advanced chip fabrication and testing capabilities, complementing their Sapphire-based semiconductors with Nisene's Silicon and Silicon Carbide expertise. Polymatech plans to invest up to $500m in California for Silicon Carbide and Sapphire wafer production, high-performance CPUs & GPUs, aiming for a $5bn top line by 2030.

August 06, 2024
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