Tessolve Acquires Pico2Femto Semiconductor (P2fsemi)

TPG Growth Invests $150 Million in Tessolve

September 4, 2025

Engineering Services

TPG Growth has invested $150 million in Tessolve, a global semiconductor and embedded engineering services provider, in a growth equity transaction. The capital will be used to expand R&D and test lab capacity, strengthen global delivery centers, and support strategic acquisitions as Tessolve scales its semiconductor engineering capabilities.

Infosys Acquires InSemi

May 10, 2024

Engineering Services

Infosys has completed the acquisition of InSemi, a semiconductor design and embedded services provider, strengthening its Engineering R&D capabilities. The deal brings InSemi's ~900 engineering specialists into Infosys to support its Chip-to-Cloud strategy and expand capabilities across AI, 5G, automotive, consumer electronics and other high-performance markets.

Tescan Group Acquires FemtoInnovations

September 22, 2025

Manufacturing

Tescan Group has acquired FemtoInnovations, a UConn startup specializing in ultrafast laser systems, and will create a Laser Technology Business Unit (LT BU) headquartered at the University of Connecticut Tech Park. The deal adds laser micromachining and imaging/analysis capabilities to Tescan's correlative and multimodal portfolio to serve semiconductor, biomedical device manufacturing, and advanced research markets.

SEMIFIVE Acquires Hanatec

December 14, 2021

Engineering Services

SEMIFIVE has acquired Hanatec Co. Ltd., a Samsung Foundry Design Solution Partner and provider of ASIC design and turnkey services, combining Hanatec's design capabilities with SEMIFIVE's SoC platform and ASIC expertise. The transaction creates a Samsung Foundry SAFETM DSP organization with more than 300 employees worldwide and is intended to accelerate SEMIFIVE's SoC design leadership and global expansion.

Pfingsten Acquires Tempest Telecom Solutions

December 13, 2022

Telecommunications

Pfingsten, an operationally focused private equity firm, acquired Tempest Telecom Solutions, a US-based provider of network telecommunications equipment distribution and repair services, on December 2, 2022. Pfingsten plans to scale Tempest as a platform, expanding its technical service and product distribution capabilities organically and via add-on acquisitions.

Pfingsten Acquires Pacific Lasertec

September 6, 2023

Manufacturing

Pfingsten, an operationally focused private equity firm, acquired Pacific Lasertec, a San Marcos-based manufacturer of specialty lasers and related power supplies, as a new platform investment on August 25, 2023. Pfingsten said it will work with PLT's management team to scale the business organically and through strategic add-on acquisitions to build a leading photonics solutions provider serving medical diagnostics, semiconductor, scientific R&D and advanced manufacturing end markets.