The Truth About Semiconductor Services Company Acquisition Prices
No one knew or forecasted that the market for semiconductor design engineering talent worldwide would get red hot and stay that way for the past few years. There are multiple reasons why this is happening of course and my goal is to not delve into that. Most experienced people that have been a part of the ups and downs of the previous semiconductor cycles believed that the current situation would ease out in a few quarters. That assumption has not born fruit. As a result, large semiconductor services providers started looking at acquiring smaller players to add optionality to their operations - growing headcount and expanding their footprint across multiple geographies became the new corporate strategy. Let's look at the deals over the past few years: A note to my non-Indian readers - I have used Crores as a unit of money prevalent in India. A Crore is equivalent to 10 Million. If you are looking to convert this into US $, you should multiply the number in Crores by 10 and then di