India, Sept. 15 -- L&T Semiconductor Technologies Ltd (LTSCT), a wholly-owned subsidiary of Larsen & Toubro, has acquired the Power Module Design Assets of Fujitsu General Electronics Ltd (FGEL) of Japan.
The strategic acquisition adds to the innovation and design strengths of LTSCT.
As part of the deal, LTSCT has acquired FGEL's R&D equipment, design patents and various intellectual properties related to power module technologies. This will accelerate LTSCT's foray in power electronics design and development, and expand the company's product portfolio in its focus domains of industrial, energy and automotive
applications.
Sandeep Kumar, Chief Executive, LTSCT, said: "The acquisition of power module technology is a crucial step in LTS...
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