CG Power acquires Radio Frequency business from Renesas for $36 million
The deal includes intellectual properties and assets, enhancing India's semiconductor design capabilities
CG Power and Industrial Solutions, a Murugappa group company, announced its decision to acquire the Radio Frequency (RF) Components business from Renesas Electronics Corp. for $36 million, marking CG Power's entry into the semiconductor design sector, as reported by Hindustan Times on Oct. 5.
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