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Soft Machines to invest $100 million in Indian research unit

Industry Other Services

Soft Machines, a US-based semiconductor company, is planning to invest around Rs 640 crore in India. The investment will be used for establishing a new research and development unit and to fund other startups in the country. Further, it has also plans to develop products such as routers, switches, storage and security appliances in India.

Extracted from ET, July 07,’15

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