Allegro MicroSystems (ALGM) has teamed up with engineering services firm Cyient to establish a center of excellence that will focus on developing next-generation magnetic sensors and power semiconductors for the automotive industry, Cyient said Friday.
The center in Hyderabad, India, will strengthen Allegro's presence in the country and provide access to a skilled talent pool and foster collaboration within India's technology ecosystem, Cyient said.
Financial terms were not disclosed.
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