In 2024-2025, Tessolve, a global leader in semiconductor engineering solutions, marked a year of remarkable achievements, reinforcing its commitment to innovation and excellence. From reaching significant revenue milestones to strategically expanding through the acquisition of Dream Chip Technologies, the year has been transformative. Tessolve also earned the prestigious FS ISO 26262 certification and was recognized in Everest Group’s Semiconductor Engineering Services PEAK Matrix® Assessment, solidifying its industry leadership.
- Achieving a Significant Revenue Milestone
Tessolve’s financial performance in 2024 has underscored its robust business model and strategic positioning within the semiconductor ecosystem. We achieved a significant revenue milestone, surpassing ₹1,000 crore in revenue, which underscores our ability to deliver end-to-end semiconductor solutions to our global clientele consistently. This achievement reflects our growing influence in the market and our capability to tackle the increasingly complex challenges within the industry.
Key Highlights:
- Customer-Centric Approach – Delivering tailored semiconductor solutions aligned with client goals.
- Deep Expertise – Strength in chip design, test engineering, embedded systems, and supply chain management.
- Strengthened Market Presence – Enabling semiconductor leaders worldwide to bring innovations to market faster and more efficiently.
This milestone represents more than financial growth—it reflects the value we create for our clients through technical expertise and a customer-first approach.
Strategic Acquisition of Dream Chip Technologies
One of the most pivotal moments of 2024 was Tessolve’s acquisition of Dream Chip Technologies, a leading German semiconductor design firm specializing in ASICs, SoCs, and FPGAs. This acquisition strengthens our capabilities and global presence.
Strategic Benefits:
- Enhanced Capabilities – Strengthening chip design expertise in AI, automotive, and data centers.
- European Expansion – Establishing a stronger footprint in Germany and the Netherlands.
- Comprehensive Solutions – Combining Dream Chip’s IP and design expertise with Tessolve’s semiconductor services.
Leadership Perspectives
- Srini Chinamilli, Co-Founder & CEO, Tessolve: “This acquisition reinforces our position as a top-tier semiconductor engineering firm with end-to-end design-to-productization capabilities.”
- Jens Benndorf, CEO, Dream Chip Technologies: “Together, we bring an end-to-end solution to address complex semiconductor design challenges.”
20 Years of Excellence in Semiconductor Engineering
Tessolve celebrated two decades of industry leadership in semiconductor engineering. Since its founding in 2004, the company has grown into an industry pioneer, consistently delivering high-quality solutions and setting benchmarks for excellence. From its early days in failure analysis to becoming India’s leader in semiconductor testing, Tessolve’s focus on innovation and technical expertise has been a key driver of its success.
Achieving FS ISO 26262: A Commitment to Automotive Safety
Tessolve reached a significant milestone by obtaining the prestigious FS ISO 26262 certification from TÜV SÜD. This certification, which sets the global standard for functional safety in automotive electrical and electronic systems, highlights Tessolve’s dedication to maintaining rigorous safety and quality standards, particularly in the automotive sector.
Recognition in Everest Group’s PEAK Matrix® Assessment
Tessolve’s debut in Everest Group’s Semiconductor Engineering Services PEAK Matrix® Assessment was another key achievement. Positioned among the Major Contenders, this recognition validates our market impact, vision, and engineering capabilities.
Featured in Leading Media Publications
Tessolve’s achievements in 2024 have gained significant industry attention, with multiple features in top media publications. These articles highlight our expansion, technological advancements, and leadership in semiconductor engineering. To explore our latest media coverage, visit our news page.
A Transformative Year
From revenue growth to strategic acquisitions and industry recognition, 2024 has been a year of transformation for Tessolve. Our focus on innovation, partnerships, and customer success continues to position us as a global semiconductor leader.
Key Achievements:
✔ Revenue Milestone – Demonstrating financial strength and operational efficiency.
✔ Strategic Growth – Expanding through Dream Chip Technologies.
✔ Industry Recognition – Featured in Everest Group’s PEAK Matrix® and top media outlets.
The Road Ahead
As we build on 2024’s momentum, Tessolve remains committed to driving semiconductor innovation.
Our Focus Areas:
🚀 Advancing Innovation – Investing in R&D to stay ahead of industry trends.
🌍 Expanding Global Reach – Strengthening collaborations worldwide.
🏆 Upholding Excellence – Maintaining industry-leading standards, reflected in our FS ISO 26262 certification.
With a steadfast commitment to quality and customer success, Tessolve is ready to shape the future of semiconductor engineering.
