KPIT Cummins acquired stake in Sankalp Semicon:

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KPIT Cummins, a product engineering and IT consulting firm, has carved out its semiconductor hardware solutions business in partnership with Sankalp Semiconductor Pvt. Ltd. Sankalp is an analog & mixed-signal and RF semiconductor service provider, which has now formed a wholly owned subsidiary named Sankalp & KPIT Semiconductor Pvt. Ltd. KPIT Cummins will take a strategic minority stake in the parent Sankalp Semiconductor. 

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