Microchip Technology, one of the well-established Semiconductor firms that has simplified innovative design by offering total systems solutions, has had a massive growth in India with the acquisition of a new office building in Bengaluru. This action emphasizes the determination of the company to enhance its engineering and design potential in the region.

Strategic acquisition and market focus

Microchip has purchased 1.72 lakh square feet (which is 16,000 square meters) of high-end office space. The facility is centrally positioned at Export Promotion Industrial Park (EPIP) Zone of Whitefield in Bengaluru, one of the largest technology centers.

This new space is aimed at becoming a major strategic expansion of the current Bengaluru Development Center of Microchip. Its design and size will enable the facility to comfortably host more than 3,000 employees in the next 10 years. The primary aim of this growth is to ensure the growing workforce and future employment strategies of the company, enhanced cooperation between the global and regional workers, and the modern infrastructure needed to ensure advanced research and development (R&D).

The acquisition in Bengaluru is the second facility of Microchip in the city. This growth also strengthens its product development, business enablement, and talent growth in India. In addition to two facilities in Bengaluru, Microchip has physical presence in Hyderabad, Chennai, Pune, and New Delhi.

Through this growth, Microchip is positioning itself strategically to provide innovative solutions of semiconductor solutions in a wide range of markets. These are major market segments of industrial, automotive, consumer, aerospace and defense, communications, and computing.

The vice president and managing director of Microchip’s India Development Center, Srikanth Settikere, said, “At Microchip, growth is about creating opportunities as much as scaling operations. With India contributing to nearly 20% of global semiconductor design talent, our new Bengaluru facility will sharpen our advanced IC design focus and strengthen our engagement in one of the country’s most dynamic technology hubs.”

The President and CEO of Microchip, Steve Sanghi, said, “We recently celebrated Microchip’s 25th anniversary in India and this office acquisition is a testament to our commitment in India. We believe our investments in the region will enable us to both benefit from and contribute to the country’s increasingly important role in the global semiconductor industry.”

Quotations Source: timestech.in  

About Microchip Technology

Microchip Technology Incorporated (MCHP) focuses on simplifying the process of innovative design by offering “Total System Solutions” (TSS) that can solve the main challenges in the interplay of emerging technologies and lasting end markets. Microchip is a market leader in the provision of smart, connected, and secure embedded control solutions. It has a large product portfolio. 

Microcontrollers (MCUs) and Digital Signal Controllers (DSCs) are mini-computers that are the brains of smaller electronic machines or are utilized to control some functions of larger machines. Microchip offers a scalable series of 8-bit, 16-bit and 32-bit MCU (including the AVR and PIC lines).

Analog Integrated Circuits (ICs) chips respond to actual-world signals and are important to operations such as power control, signal conversion, security, and timing required to operate digital devices and electronics. Flash-IP Integrated Circuits comprise multiple Memory products, such as EEPROM, SRAM, and Flash, that are necessary for the storage of data. FPGAs (Field-Programmable Gate Arrays) constitute programmable logic controllers that have low power usage, reliability, and high security capabilities with specialized applications.

Its business model consists of the ability to offer end-to-end solutions, which enables the company to use one customer relationship to sell several parts (Total System Solutions). Microchip embedded control solutions have enabled thousands of applications with diverse applications where the company can develop products with low risk, and can be able to develop products quickly. The investment by Microchip in India is not only to gain but also to help the country in the growing semiconductor significance in the global market.

Conclusion

Microchip Technology has acquisition of a 1.72 lakh square feet prime office space in Bengaluru is a concrete sign of its long-term plan to increase its presence in India. The move is planned to host more than 3,000 employees, and is intended to leverage the great contribution of India to world semiconductor design talent. Through future-ranging IC design emphasis and enhanced penetration in the major Indian technology centers, the company solidifies its focus on product development and market enablement in key areas of the world semiconductor market, such as automotive, industrial, and aerospace. It aligns with the growing role of India in the world semiconductor market.