/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Barely two years after being founded and without even a finished product, Bengaluru-based C2i Semiconductors has been acquired by Germany’s Infineon. What’s the secret?
Earlier this week, German semiconductor major Infineon Technologies said it would acquire C2i Semiconductors, a Bengaluru-based fabless designer of power management devices for AI data centres. Little is known about the deal value, but the transaction is expected to close in the third quarter of this calendar year.
Venture capital investors Peak XV Partners, Yali Capital and TDK Ventures have all sold their stakes in C2i. In fact, TDK’s money came just three months ago as part of the startup’s Series A round. The company has raised roughly $20.7 million in its two years of existence. Interestingly, C2i has not …
