Hero Group to acquire Test & Verification Solutions

Hero Group’s part Hero Electronix, has announced the acquisition of Test & Verification Solutions (T&VS). The acquisition was made through Tessolve, a Hero Electronix venture and a leading engineering solutions company. The acquisition provides strong impetus to Tessolve’s chip design offering taking its overall company strength to over 2,000 engineers and firmly cements Tessolve as a leading end-to-end provider of semiconductor engineering services.

Nikhil Rajpal, CEO, Hero Electronix says, “This is the largest acquisition by Tessolve till date and a critical addition in building Tessolve into the largest semiconductor engineering services player in the world. The acquisition reaffirms our commitment to keep expanding our team and capabilities to service all engineering requirements of a semiconductor company.”  

T&VS is a provider of Design Verification solutions to semiconductor companies having steadily expanded its offerings into Design for Test (DFT) and Embedded Software. T&VS is the fifth acquisition by Tessolve in the past 4 years. Complementing its aggressive approach in growing the capabilities organically, these strategic acquisitions have put Tessolve in a unique position to offer a comprehensive spectrum of services to semiconductor companies. The acquisition adds a strong team and capability depth in a critical area like chip design and expands Tessolve’s presence into the UK and Japan markets.

Mike Bartley, CEO and Founder, T&VS adds, “We are extremely delighted and proud to be part of the Hero Electronix and Tessolve family. Tessolve has a global footprint with deep relationships and the most extensive capabilities in semiconductor engineering. It is a unique opportunity for the entire team at T&VS to integrate and aspire for larger opportunities both individually and collectively as a team.”