a0c9f4c5-acf2-427c-ba3c-58c7072e4be3.pdf (bseindia.com)
Acquires RF(Radio Frequency) Business of Renesas. Renesas is their partner in the Sanand OSAT.
Revenue: $ 56 M. Purchase Price: $36 M.
We need to check the profitability and growth trajectory of the business, which, if we look at the purchase price consideration, should not be very high. Also, RF is a mature industry, so margins may be slim. Still in the right direction considering they want to get deeper in chip design business.
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