IT giant Accenture has acquired Excelmax Technologies, a Bengaluru-based semiconductor design services provider, adding approximately 450 professionals specialising in areas such as emulation, automotive, physical design, analog, logic design and verification. The company, however, did not disclose the cost of the acquisition.
Excelmax provides custom silicon solutions used in consumer devices, data centres, artificial intelligence (AI) and computational platforms that enable edge AI deployments to the clients in the automotive, telecommunications and high-tech industries.
“With the rapid evolution of new technologies like generative AI and the growth of connected products, more intricate, specialised 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,” he added.
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The acquisition comes at a time when the semiconductor market is experiencing a surge in demand for silicon design engineering, driven by the proliferation of data centres and the increasing use of AI and edge computing.
Mahesh Zurale, global lead–Advanced Technology Centers Global Network at Accenture, said: “With the global demand for silicon solutions on the rise, India is becoming a hotbed for chip design. Growing our skilled talent in the country across physical and RTL design, verification, emulation and firmware engineering will help us expand our capabilities in the silicon design space and accelerate innovation for our worldwide clients.”
This acquisition follows the addition of XtremeEDA, an Ottawa, Canada-based silicon design services company, in 2022.
From: financialexpress
Financial News
