M&A

InSemi Technologies — Acquired by Infosys

$33.7MTech / Semiconductors
About the Company

InSemi Technologies is a semiconductor design and embedded systems company. With expertise across RTL & ASIC design, Physical Design, Verification, DFT, STA, IP Design, Emulation, and FPGA services, InSemi successfully executed multiple advanced-node ASIC tape-outs down to 5nm. The company scaled to over 1,000 members within a decade and served clients across high-growth sectors including IoT, data centers, telecom, and automotive.

Client Objective

The founders of InSemi were seeking a strategic exit and were looking to align with a buyer that could integrate InSemi's capabilities into a larger digital or semiconductor platform. Xpertiz was brought on as the exclusive investment banker to advise on the end-to-end transaction, including strategic valuation, buyer identification and outreach, due diligence management, deal structuring, and negotiation support.

Challenges
  • 01Building investment readiness from the ground up — strengthening market visibility, standardizing financials, and crafting a buyer-facing positioning.
  • 02Articulation of core IP value and highlight relevance and strategic synergies for each individual buyer.
  • 03Shape a compelling growth narrative and establish relevant benchmarks to unlock full valuation potential.
  • 04Alignment of internal processes and data infrastructure for institutional diligence.
Deal Outcome

InSemi was acquired by Infosys for $33.7M in a 100% strategic acquisition. The deal achieved a valuation above industry benchmarks for similar service-based semiconductor firms. Xpertiz's sector-specific acumen, balanced understanding of buyer and seller priorities, precision in deal structuring, and clear positioning of InSemi's platform and IP strength were key in delivering a successful exit for the founders and strengthening Infosys' semiconductor vertical.

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