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Singapore PE Novo Tellus invests $40m in Indian engineering firm Tessolve Photo: Colin Watts / Unsplash April 22, 2021 Novo Tellus, a Singapore-based private equity firm that focuses on mid-market technology and industrials sectors, has invested $40 million in Bengaluru-based engineering services company Tessolve Semiconductor. The investment, which values Tessolve at $100 million, will be used to fuel the company’s growth through acquisitions and organic investments, according to an announcement. Tessolve is a Hero Electronix venture and a global provider of engineering and R&D services to...

Mentor Announces 28th PCB Technology Leadership Award Winners Mentor, a Siemens business, today announced the winners for its 28th printed circuit board (PCB) Technology Leadership Awards. Established in 1988, this program is the longest-running competition of its kind in the electronic design automation (EDA) industry. The program recognizes engineers and designers who use innovative methods and design tools to address highly complex PCB system design challenges and produce industry-leading products.  Prominent experts in the PCB industry judged entries from around the world in categories r...