Tech Mahindra Recognized as 'Preferred Design House' by Infineon Technologies

Tech Mahindra Ltd. a specialist in digital transformation, consulting and business re-engineering is recognized as a Preferred Design House for automotive safety critical applications for the Asia Pacific region by Infineon Technologies Asia Pacific Pte Ltd, a leading semiconductor company that offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security for automotive, industrial, computing and digital security market segments.

This recognition is also followed by establishment of a Center of Excellence (CoE) where automotive embedded engineering solutions in the area of active safety and passive safety will be developed based on Infineon innovative multicore microcontroller architecture. Tech Mahindra performs automotive design & integration services including technical support on the product solutions developed during the entire life cycle for advanced R&D programs and production programs for automotive clientele.

Tech Mahindra has recently achieved Automotive SPICE® Organizational Maturity Level certification after the assessment done in conformance to the requirements of ISO/IEC 15504 and the PATHFINDER™ scheme for process capability and organizational maturity. Automotive SPICE® (ASPICE) is a framework for assessing software development processes for automotive applications.

Karthikeyan Natarajan, Head, Integrated Engineering Solutions, Tech Mahindra said "This recognition would be a testament for our end-to-end capability as a global design house. We are glad to be conferred the title of a "Preferred Design House" for Infineon Asia Pacific and we have gone a step ahead to establish a Centre of Excellence" in providing productized solutions and services for automotive customers ensuring safety and reliability."

C.S. Chua, Vice President, Automotive, Infineon Technologies Asia Pacific said "We're glad to cooperate with Tech Mahindra, a strong player in the IDH business. Today the worldwide trend is shifting towards increased safety requirements. This makes such collaboration key to succeed in the global markets. We're looking forward to jointly offering highly beneficial solutions for our customers worldwide in providing productized solutions and services for automotive customers ensuring safety and reliability."

Integrated Engineering Solutions (IES) delivers solutions enabling "Future Digital Enterprise" across Aerospace and Defense, Automotive, Industrial Equipment, Transportation, Consumer Products, Energy and Utilities and Hi-Tech products. With 30+ exclusive engineering development centers supporting new program launches and 100+ marquee global customers, IES is recognized as an established player for Engineering Services in the industry.

Infineon's Automotive Preferred Design House (PDH) partner network is opened only to design houses in Asia Pacific and available to customers in Asia Pacific. Its Automotive Ecosystem provides online and offline technical support and helps to bring together PDHs and customers in a variety of automotive system level collaborations.

Shares of TECH MAHINDRA LTD. was last trading in BSE at Rs.549.85 as compared to the previous close of Rs. 551.55. The total number of shares traded during the day was 217640 in over 4004 trades.

The stock hit an intraday high of Rs. 556.35 and intraday low of 546.5. The net turnover during the day was Rs. 119462650.

Source : Equity Bulls

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