Blue Cloud Softech Solutions Limited (BSE: 539607), a leading provider of AI-driven enterprise and cybersecurity solutions, has announced the signing of a Technology Ownership Transfer (ToT) Agreement potentially valued at approximately USD 150 million with an Israel-based technology company to co-develop edgeAI chips — advanced semiconductor systems designed to power the next generation of AIoT (Artificial Intelligence of Things) and industrial automation applications.
Speaking about the signing of ToT, Janaki Yarlagadda, Chairman, Blue Cloud Softech Solutions Ltd., added, “The signing of this USD 150 million ToT with our Israel-based partner is a defining moment in BCSSL’s journey toward building India’s sovereign semiconductor capability. This initiative not only localizes the entire technology stack — from silicon design to firmware development — but also symbolizes our deep commitment to the vision of Aatma Nirbhar Bharat.