Accenture has acquired Excelmax Technologies, a semiconductor design services provider based in Bangalore. The acquisition further enhances Accenture’s growing silicon design and engineering capabilities. The terms of the transaction were not disclosed.
Excelmax Technologies, Founded in 2019, provides custom silicon solutions for consumer devices, data centers, artificial intelligence (AI), and computational platforms that enable edge AI deployments for 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, specialized chips with enhanced performance and efficiency are required,” said Karthik Narain, group chief executive of 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.
Excelmax Technologies 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 of Excelmax Technologies. “Joining Accenture enables us to remain at the forefront of innovation, providing new and exciting opportunities for our clients and people.”
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