Bosch acquires U.S. semiconductor company for an undisclosed fee
By Luke Willetts - 20th May 2023
USA / Germany – Multi-national engineering and technology company, Robert Bosch GmbH, based in Stuttgart, Germany, has acquired U.S. semiconductor manufacturer, TSI Semiconductors, based in Roseville, California, for an undisclosed fee, pending regulatory approval. According to Dr Stefan Hartung, Bosch Chairman, Bosch has made this acquisition to expand its electromobility business by reinforcing its semiconductor supply chain. The company is banking on the continued growth of the electric vehicle market, and of course, the necessary semiconductors needed to power them.
The first phase will be to integrate TSI’s business operations with Bosch’s existing 60-year-old international semiconductor network. Over the next five years, Bosch intends to invest more than USD 1.5 billion in the 10,000-square-metre Roseville site in order to increase both size and output.
