Pristine Deeptech has officially been acquired by HORIBA India at a 100% stake. This acquisition is the turning point for the company in its efforts to further its research and development projects in the Indian market. Pristine Deeptech is known to be a startup based on the research and development that deals with the application of lab-grown diamonds, especially their use in semiconductor technology and quantum research.
With the finalization of this deal, Pristine Deeptech becomes an entirely owned subsidiary of HORIBA India, and this new relationship opens a new dawn to both companies as they join their individual expertise to stretch the frontiers of science and technology in the industry.
Strengthening HORIBA’s expertise
The strategic acquisition is aimed at boosting the expertise of HORIBA in diamond-based technologies that are becoming crucial in the next generation of high-tech industries. Based on reports by HORIBA, Pristine Deeptech integration assists in the development of a specialized research and development center situated in India. This center will prove significant in increasing the capacity of the company in providing advanced analytical and measurement solutions.
In its emphasis on growing its lab-grown diamond, HORIBA is poised to lead the advanced materials research, which will enable it to satisfy the demanding requirements of the semiconductor value chain and the new quantum research industry. This action is an important one in enhancing the competencies of the company in innovative materials, which are needed to propel innovation in several technical fields.
Expansion and integration
Pristine Deeptech, having been initially established in Gujarat, contributes several domain skills to the table, namely in the domains of diamond research and vacuum technologies. A combination of these competitive abilities with HORIBA’s world-class measurement and analytical technologies is likely to generate intense synergies.
According to HORIBA, this strategic action will enable the firm to further focus on innovation and increase its general R&D presence in India. This growth is not just a business deal but a reaffirmation of HORIBA long term intentions in the Indian local market. The company also intends to make a contribution to the technological development and the development of society by investing in the local talent and the specialty startups, and ensuring the high precision of the materials and manufacturing process.
The acquisition is well-aligned with the larger business framework of HORIBA India that functions along three main lines, namely in Energy and Environment, Bio and Healthcare, and Materials and Semiconductors. The group already has a large share in the international market, with about 80% of the market share in emission measurement systems and about 60% in the mass flow controller.
These flagship products have made HORIBA a leader in measurement and analysis. HORIBA is expanding its portfolio by incorporating the expertise of Pristine Deeptech in vacuum technologies and lab-grown diamonds, which guarantees that the company will continue to be a powerhouse in the semiconductor sector. This combination of new technologies will enable HORIBA to offer a more complete support in the whole semiconductor production and research cycle.
Conclusion
The acquisition of Pristine Deeptech by HORIBA India in its entirety is an indication of a widening trend of global leaders investing in high-tech niche Indian startups to drive global innovation pipelines. The specialization in the area of lab-grown diamonds in quantum and semiconductor research is giving HORIBA a technological edge that will be beneficial to its Materials and Semiconductors vertical. The strategic integration not only complements the HORIBA analytical solutions but also consolidates its content in developing a healthy R&D ecosystem in India.
With the collaborative effort between Pristine Deeptech and vacuum and diamond research and HORIBA and their measurement capabilities starting to be formed, the industry can look forward to a major input into the development of the next generation technologies and the further optimization of the global semiconductor value chain.
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