Indian chip design firms acquiring for scale, R&D
IT companies look at overseas and national buyouts as means to strengthen position and get research resources
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On the 22nd of June 2009 Wipro-NewLogic announced to the employees that Wipro would stop all of its IP semiconductors activities in France and close the facility: 61 engineers fired. More details on: http://wireless.leader.free.fr/index.php?Itemid=76
Newlogic