Amara Raja Electronics picks up significant stake in Design Alpha

HYDERABAD: Electronic systems design and manufacturing (ESDM) player Amara Raja Electronics Limited (AREL), which is a part of the $1.75 billion Amara Raja Group, has acquired emerging engineering design firm Design Alpha (DFM Softech Solutions Pvt Ltd).

Though AREL did not divulge the quantum of stake acquired and size of the deal, sources said the company has picked up a significant stake.
With this, Design Alpha will be renamed as Amara Raja Design Alpha Pvt Ltd (ARDAPL).

AREL said the acquisition will position it as a fully integrated ESDM company and help it unlock numerous opportunities in the electronics manufacturing business.