Bangalore-based semiconductor design services provider Excelmax Technologies is now a part of Accenture (NYSE: ACN). This will add to Accenture’s growing silicon design and engineering capabilities.
However, the terms of the transaction were not disclosed.
2019-founded Excelmax offers custom silicon solutions used in consumer devices, data centers, AI and computational platforms that enable edge AI deployments to 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. 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,” said Karthik Narain, group chief executive—technology at Accenture.
Excelmax brings comprehensive semiconductor solutions from high-level design to detailed physical layout ready for manufacturing and full turnkey execution. Post acquisition, the startup’s 450 professionals will become a part of Accenture’s 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.
