Acquiring Company
MIC Electronics Ltd
Acquired Company
Neo Semi SG Pte. Ltd
HyderabadConsumer ElectronicsAudioElectronicsManufacturingDescription
MIC Electronics Limited has approved the acquisition of an 89.65% stake in Neo Semi SG Pte. Ltd. for ₹357.60 crore. The deal involves both cash payment and a share swap as part of the mixed consideration structure. The acquisition is part of MIC's strategic initiatives to expand its technology footprint.
Quick answer
MIC Electronics Ltd is acquiring Neo Semi SG Pte. Ltd, announced March 30, 2026. MIC Electronics Ltd is based in Hyderabad, Telangana, India.
- How much did MIC Electronics Ltd pay for Neo Semi SG Pte. Ltd?
- The deal value was not disclosed.
- What does MIC Electronics Ltd do?
- MIC Electronics Ltd. is a company known for its display technology solutions and recent contract acquisitions.
- Where are MIC Electronics Ltd and Neo Semi SG Pte. Ltd based?
- MIC Electronics Ltd is based in Hyderabad, Telangana, India.
- Who are the decision-makers at MIC Electronics Ltd?
- Fundz holds 2 contacts at MIC Electronics Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Würth Elektronik ICS acquires MRS Electronic (March 24, 2026)
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Who to call at MIC Electronics Ltd, and when
When MIC Electronics Ltd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Neo Semi SG Pte. Ltd?
Neo Semi SG Pte. Ltd was acquired by MIC Electronics Ltd, based in Hyderabad. The deal was reported on March 30, 2026. MIC Electronics Ltd. is a company known for its display technology solutions and recent contract acquisitions. The company has been focusing on expansion and growth through strategic acquisitions. MIC Electronics Ltd is privately held and operates in Consumer Electronics.
When did MIC Electronics Ltd acquire Neo Semi SG Pte. Ltd?
MIC Electronics Ltd's acquisition of Neo Semi SG Pte. Ltd was reported on March 30, 2026. MIC Electronics Limited has approved the acquisition of an 89.65% stake in Neo Semi SG Pte. Ltd. for ₹357.60 crore. The deal involves both cash payment and a share swap as part of the mixed consideration structure. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Neo Semi SG Pte. Ltd do?
A company specializing in the semiconductor industry. It operates within the green technology sector as well. Further details about its services and products are not provided. It is privately held, operating in Manufacturing.
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