Brief: Moschip Semiconductor Technology buys 3 companies

Moschip Technologies

12/09/2016 09:57

Sept 12 (Reuters) - Moschip Semiconductor Technology Ltd  MOSC.BO : 
 * Moschip Semiconductor Technology Limited announces acquisition of three 
   companies 
 * Plans to add another 150-200 engineers 
 * Acquisition of Eliteplus Semiconductor Technologies, Orange Semiconductors, 
   Maven Systems 
 * Moschip obtained board approval to raise an additional 412.5 million rupees 
   by issuing shares and warrants to Techwave 
 
 * Source text: http://bit.ly/2c4UESU 
 
 * Further company coverage  MOSC.BO  
  ((Bangalore.newsroom@thomsonreuters.com))