It was an exceptional week for the Armenian tech ecosystem full of success story announcements.

Here is one of the biggest news in Armenian semiconductor design industry ⤵️

Microchip Technology Incorporated a leading provider of smart, connected and secure embedded control solutions is acquiring Instigate Semiconductor that was incubated by Instigate.

Instigate is a conglomerate of companies offering a wide range of software development services from mobile & web development, to design of complex engineering systems for industrial automation to embedded systems design.

Instigate Semiconductor, was incubated by Instigate 2 years ago with an aim to transfer the company to Microchip after setting up a company and building an operational R&D center in Armenia.

Congratulations to our friends from Instigate on this great achievement!

https://t.me/threenstartups

#instigate #instigatesemiconductor #michrochip #exit #successstory