Polymatech Electronics Acquires Nisene Technology Group Inc., California, USA to Revolutionize Semiconductor Industry

In a strategic move to bolster its position in cutting-edge semiconductor chip fabrication and testing devices, Polymatech Electronics, India's first semiconductor chip maker, has officially announced its acquisition of Nisene Technology Group Inc., California, USA (www.nisene.co), a company with a 50-year history in the semiconductor industry. The acquisition was executed through Polymatech's wholly-owned subsidiary, Artificial Electronics Intelligent Materials Pte Ltd. in Singapore.

Nisene Technology Group is renowned for its pioneering work in the invention and development of semiconductors, particularly Integrated Circuits (ICs) built on Silicon and Silicon Carbide Wafers. Since its establishment in the 1970s, Nisene has remained at the forefront of innovation, continually enhancing IC and AI components to meet the growing complexity of today's semiconductor devices. Over the years, Nisene has designed at least 50 different types of ICs and registered numerous patents, solidifying its status as a cornerstone of the industry.