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Acquisition · AI & Deep Tech

HORIBA India acquires Pristine Deeptech to boost R&D

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Date
Company
Pristine Deeptech
What it does
Lab-grown diamond and vacuum tech firm
Kind
Acquisition
Based in
Ahmedabad
Sector
AI & Deep Tech

What they do

Pristine Deeptech is a Gujarat-based startup specializing in lab-grown diamonds and vacuum technologies

What happened

HORIBA India acquired 100% of the company to establish a dedicated R&D hub in Ahmedabad

Why it matters

The deal supports India's Make in India initiative by focusing on high-value intellectual property creation

The details

  • HORIBA India has acquired 100% stake in Pristine Deeptech Private Limited.
  • The acquisition makes Pristine a wholly owned subsidiary of HORIBA India.
  • The deal establishes a dedicated R&D hub in Ahmedabad, India.
  • Pristine specializes in lab-grown diamonds and vacuum technologies for industrial applications.
  • Focus areas include diamond-based semiconductors, quantum research, and advanced materials.
  • The move aligns with India's Make in India and Atmanirbhar Bharat initiatives.
  • The strategy aims to drive high-value IP creation within the country.
  • Dr. Rajeev Gautam highlighted the strategic importance of this expansion for HORIBA.

The bigger picture

  • The acquisition strengthens HORIBA's presence in the deep-tech semiconductor sector.
  • It leverages Pristine's specialized expertise in diamond-based analytical solutions.
  • The deal supports national goals for self-reliance in advanced manufacturing.

About the business

  • Pristine Deeptech focuses on lab-grown diamonds and vacuum technologies.
  • The company develops diamond-based semiconductors for advanced electronic applications.
  • Research includes work in quantum research and advanced materials science.
  • They provide analytical and measurement solutions for industrial clients.
  • HORIBA India operates verticals in Energy/Environment, Bio/Healthcare, and Materials/Semiconductors.
  • The global HORIBA Group is known for emission measurement systems.
  • Their product range includes mass flow controllers and Raman spectroscopy tools.
  • The new hub will integrate Pristine's tech into HORIBA's broader portfolio.
  • This expands HORIBA's capabilities in high-performance material analysis.

What happens next

  • The new R&D hub will operate from Ahmedabad, India.
  • Pristine will continue its focus on diamond-based semiconductors and quantum research.
  • The team will support HORIBA's Materials/Semiconductors vertical growth.

The deal

Type
acquisition

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