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UST Global Acquires Chip Designing Company, SeviTech Systems

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CEO Insights Team

CEO Insights Team

UST Global, announced that they have acquired Bangalore based SeviTech Systems, a fast-growing chip design (VLSI) services company which is one of the top ASIC design solutions firm in India. The acquisition boosts UST Global’s strength and focus in India and increases its position as a world’s most premium VLSI solutions provider, and a market leader in pre-silicon engineering.

Gilroy Mathew, Global Head – Semiconductor & Head - APAC, UST Global, says, “Globally, our semiconductor business has seen an inspiring and phenomenal growth over the years.

The acquisition of SeviTech is an integral part of our plan to strengthen our Technical Centers of Excellence providing RTL to GDSII solutions to our customers globally

The acquisition of SeviTech is an integral part of our plan to strengthen our Technical Centers of Excellence providing RTL to GDSII solutions to our customers globally. With this acquisition, UST is now placed as a leader with expertise in delivering low power, high-performance chipset solutions for Automotive, Communication, Storage and other industries. The acquisition not only reinforces our VLSI capabilities but also highlights the company as an industry powerhouse focused on the high growth opportunities in the silicon world.”

UST Global’s Semiconductor business delivers services such as end-to-end engineering and technology that supports the whole silicon lifestyle. With the partnership from SeviTech, UST Global will now be able to cater the large demand from international semiconductor manufacturers. It will maintain SeviTech as an independent entity and positioning it further as an expert in pre-silicon engineering service business.

Prabhu Bhairi, CEO & Co-Founder, SeviTech Systems, says, “The global presence of UST Global coupled with strong ASIC engineering teams of SeviTech Systems positions us to provide innovative solutions to customers worldwide. It enhances our service portfolio and strengthens our position with customers for the end-to-end chip design solutions.”

SeviTech Systems, with its R&D centres in Bengaluru & Hyderabad is one of the fastest growing chip design (VLSI) services company, working with the renowned IC design companies. Founded in 2013, it has about 350+ employees working in end-to-end ASIC (application Specific Integrated Circuit) design and embedded solutions.