- Business
- ASM Technologies Limited ASM Technologies Limited (ASMTEC.BO) provides consulting and product development services in engineering services and product research and development to clients in automotive, avionics, high-tech, medical, and semiconductor sectors; offers automation solutions including robot-based automation, mechatronics, image-based systems, overall system integration, automated line solutions, controller panels, hardware/firmware development, and electrical/cable harnessing; provides cyber security services encompassing strategy, governance, advisory, compliance, audit, assessment, and managed security; delivers digital engineering services such as electrical and electronics design, simulation, mechanical design, embedded systems, digital solutions, and product development; supplies engineering services covering manufacturing engineering, system-level design, product lifecycle management, productivity enhancement, prototyping, sustenance lifecycle, and embedded design; offers IT infrastructure services including computing, data networks, IT service management, monitoring, desktop, storage, front-end services, identity management, security access, and messaging; provides Internet of Things solutions like smart buildings, air quality and health monitoring systems, smart locks, and bulbs; and develops virtual and augmented reality applications including content development, storyboarding, 3D graphics, animations, hand gesture integration, gamification, virtual world modeling, collaborative R&D labs, interactive sessions, and 360-degree interactions, as well as advanced driver assistance systems. The company, founded in 1992 and headquartered in Bengaluru, India, maintains a global presence with operations in the USA, Singapore, UK, Canada, Mexico, and Japan through offshore development and support centers. Recent developments include the acquisition of Semcon Engineering UK Limited in November 2023 to enhance capabilities in engineering and digital services for European markets, particularly in automotive transition to new propulsion and autonomy technologies; signing of a Memorandum of Understanding in September 2025 with the Government of Tamil Nadu to invest ₹250 crore for expanding electronics system design and manufacturing capabilities, including acquisition of five acres for a state-of-the-art design facility focused on precision engineering in electronics, solar, and semiconductors; and reporting 171% revenue growth in Q2 2026 alongside strategic initiatives in industrial AI.