Accenture (NYSE: ACN) has acquired Excelmax Technologies, a
Bangalore, India-based semiconductor design services provider. The
acquisition further enhances Accenture’s growing silicon design and
engineering capabilities. Terms of the transaction were not
disclosed.
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Accenture has acquired Excelmax
Technologies, a Bangalore, India-based semiconductor design
services provider. (Graphic: Business Wire)
Excelmax provides custom silicon solutions used in consumer
devices, data centers, artificial intelligence (AI) and
computational platforms that enable edge AI deployments, to clients
in the automotive, telecommunications and high-tech industries.
The semiconductor market is experiencing a surge in demand for
silicon design engineering, driven by the proliferation of data
centers and the increasing use of AI and edge computing. This is
further propelled by the growing consumer appetite for electronics,
which is driving new investments in the chip design space.
“With the rapid evolution of new technologies like generative AI
and the growth of connected products, more intricate, specialized
chips with enhanced performance and efficiency are required,” said
Karthik Narain, group chief executive—Technology at Accenture. “Our
acquisition of Excelmax enhances our expertise across every aspect
of silicon design and development—from concept to production—so we
can help our clients fuel innovation and drive growth.”
Founded in 2019, Excelmax brings comprehensive semiconductor
solutions from high level design to detailed physical layout ready
for manufacturing, and full turnkey execution. The company adds
approximately 450 professionals to Accenture in key areas such as
emulation, automotive, physical design, analog, logic design and
verification, expanding Accenture’s ability to help global clients
accelerate edge computing innovation.
“Our focus has always been on developing the best talent to
deliver tailor-made solutions for our global clients that help them
build and maintain competitive advantage,” said Shekhar Patil,
founder & CEO, Excelmax Technologies. “Joining Accenture
enables us to remain at the forefront of innovation, providing new
and exciting opportunities for both our clients and our
people.”
This acquisition follows the addition of XtremeEDA, an Ottawa,
Canada-based silicon design services company, in 2022.
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Keerthi Goutham Accenture +91 99000 94099
keerthi.goutham@accenture.com
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