Blue Cloud Softech Solutions Limited (BSE: 539607), a leading provider of AI-driven enterprise and cybersecurity solutions, has entered into a major Technology Ownership Transfer (ToT) Agreement potentially valued at USD 150 million with an Israel-based technology company. The partnership aims to co-develop advanced EdgeAI semiconductor chips that will power the next generation of AIoT (Artificial Intelligence of Things) and industrial automation systems.
The agreement includes a five-year strategic investment plan by Blue Cloud Softech Solutions Limited (BCSSL), which covers technology integration, product development, and manufacturing setup in India. The deal also features a revenue-sharing model with the Israeli technology partner for hardware design transfer and intellectual property rights.
Under the terms of the partnership, the Israeli company will provide the core hardware architecture and reference design, while BCSSL will take ownership of developing the entire software stack, including system firmware, AI middleware, and application frameworks. This structure ensures that BCSSL retains complete technology ownership and intellectual property control within India, marking a significant milestone in the country’s growing semiconductor ecosystem.
The collaboration aligns with the Government of India’s “Aatma Nirbhar Bharat” (Self-Reliant India) initiative, aimed at building domestic technological capabilities. BCSSL is also in advanced talks with leading Indian semiconductor manufacturers to fabricate these EdgeAI chips locally, paving the way for large-scale indigenous production.
According to company sources, the EdgeAI chip initiative will also support BCSSL’s existing USD 15 million collaboration with Byte Eclipse for AI chip integration in the Oil & Gas sector, while catering to several upcoming projects across defense, energy, and industrial AIoT domains.
