022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Mergers & Acquisitions | 15 March 2012

Spreadtrum Communications Invests $10Mn In Micromax Informatics

by Irfan Khan
Spreadtrum Communications Invests $10Mn In Micromax Informatics
Share on Social Media Email Facebook Twitter Linkedin
 
@irfan
China based Spreadtrum Communications is investing $10Mn in Micromax Informatics. Post investment, Spreadtrum will become one of Micromax's preferred mobile chipset suppliers.

According to the release, the two companies will work together through a joint R&D collaboration to deliver innovations across Micromax's portfolio of products.

Gurgaon based Micromax Informatics Ltd is a domestic handset maker established in 1991. In January'10, TA Associates invested R225Cr in Micromax for a 20% stake. The company then raised R200Cr from Sandstone Capital, Sequoia Capital and Madison India Capital in September'10.

VerSe Innovation Acquires NewsHunt App Developer - Eterno Infotech

VerSe Innovation Acquires NewsHunt App Developer - Eterno Infotech

VerSe Innovation has acquired Bangalore based Eterno Infotech - the company behind the popular mobile news application NewsHunt, according to Medianama.

Read More...

Clariant Chemicals Acquires Lanxess' Black Pigment Preparations Portfolio

Clariant Chemicals Acquires Lanxess' Black Pigment Preparations Portfolio

Swiss based specialty chemicals maker, Clariant Chemicals has acquired the black pigment preparations portfolio from the Indian unit of German specialty chemicals company, Lanxess, on a slump sale basis for a consideration of R13.5 Cr.

Read More...
Subscribe
Enter your Email address
to receive all the news