HORIBA India has acquired Pristine Deeptech to enhance its capabilities in advanced materials, particularly in the semiconductor and quantum research sectors.

Target Company Overview

HORIBA India Private Limited, headquartered in New Delhi and led by President Rajeev Gautam, has successfully acquired 100% of the shares of Pristine Deeptech Private Limited, a research and development firm based in Gujarat, India. Pristine Deeptech, under the leadership of CEO Ashvani Kumar, specializes in utilizing Lab Grown Diamond technology for applications in the semiconductor and quantum research fields. This acquisition, effective January 14, 2026, positions Pristine Deeptech as a wholly owned subsidiary of HORIBA.

Industry Overview in India

The diamond sector is increasingly garnering attention as a high-performance material, recognized for its exceptional thermal conductivity and dielectric strength. These properties suggest that diamonds will play a crucial role in the forthcoming applications of next-generation power semiconductors and quantum sensors. The demand for Lab Grown Diamonds is anticipated to expand significantly, especially as industries ranging from communications to aerospace and defense seek energy-efficient and high-performance solutions.

India's industrial landscape is diversifying rapidly, and the country is emerging as a potential global innovation hub in materials science, particularly due to advancements in technology and research capabilities. The semiconduc