Accenture Acquires Excelmax Technologies to Enhance Silicon Design and Engineering Expertise

Accenture Acquires Excelmax Technologies to Enhance Silicon Design and Engineering Expertise

(IN BRIEF) Accenture has acquired Bangalore-based semiconductor design services provider Excelmax Technologies, enhancing its expertise in silicon design and engineering. Excelmax, founded in 2019, offers custom silicon solutions for consumer devices, data centers, AI, and edge computing, serving automotive, telecommunications, and high-tech industries. This acquisition adds approximately 450 professionals to Accenture, boosting capabilities in areas such as emulation, automotive, and physical design. The move aligns with the growing demand for advanced silicon design driven by AI, edge computing, and consumer electronics. Financial terms of the deal were not disclosed.

(PRESS RELEASE) DUBLIN, 9-Jul-2024 — /EuropaWire/ — Accenture (NYSE: ACN) has announced the acquisition of Excelmax Technologies, a semiconductor design services provider based in Bangalore, India. This move significantly boosts Accenture’s silicon design and engineering capabilities. The financial terms of the deal were not disclosed.

Excelmax Technologies specializes in delivering custom silicon solutions for a variety of sectors including consumer devices, data centers, AI, and edge computing platforms. The company’s expertise caters to clients in the automotive, telecommunications, and high-tech industries.

The semiconductor industry is witnessing a surge in demand for silicon design engineering, driven by the proliferation of data centers, AI, and edge computing. The growing consumer demand for electronics further fuels investments in chip design.

“With the rapid evolution of technologies like generative AI and the expansion of connected products, there is a need for more intricate and specialized chips that offer enhanced performance and efficiency,” said Karthik Narain, group chief executive—Technology at Accenture. “Our acquisition of Excelmax strengthens our capabilities in silicon design and development, enabling us to support our clients in fueling innovation and driving growth.”

Founded in 2019, Excelmax Technologies offers comprehensive semiconductor solutions, from high-level design to detailed physical layout ready for manufacturing, and full turnkey execution. The company brings approximately 450 professionals to Accenture, expanding expertise in areas such as emulation, automotive, physical design, analog, logic design, and verification. This acquisition enhances Accenture’s ability to accelerate edge computing innovation for its global clients.

Shekhar Patil, founder & CEO of Excelmax Technologies, commented: “Our focus has always been on developing top talent to deliver bespoke solutions that help our global clients maintain a competitive edge. Joining Accenture allows us to stay at the forefront of innovation, offering new and exciting opportunities for our clients and our team.”

This acquisition follows Accenture’s purchase of XtremeEDA, a silicon design services company based in Ottawa, Canada, in 2022.

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Media Contact:

Keerthi Goutham
Accenture
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keerthi.goutham@accenture.com

SOURCE: Accenture