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Accenture Acquires Bengaluru-Based Excelmax Technologies

CIO Insider Team | Tuesday, 9 July, 2024
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According to reports, global IT services firm Accenture acquires Bengaluru-based Excelmax Technologies, a semiconductor design services firm, to bolster its growing silicon design and engineering capabilities.

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, as per reports.

Mahesh Zurale, global lead - Advanced Technology Centers Global Network, Accenture says, “The acquisition will add about 450 highly skilled silicon professionals to the company's Advanced Technology Centers in India.”

The additions will be made in the key areas of emulation, automotive, physical design, analog, logic design, and verification, expanding the company's ability to support its global client base in accelerating edge computing innovations. The company currently employs approximately 750,200 people worldwide.

“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,” Zurale adds.

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

The global semiconductor market is experiencing a surge in demand for silicon design engineering due to the proliferation of data centers and increased use of AI and edge computing. According to Accenture, this is further fueled by a growing consumer appetite for electronic devices, which is driving new investment in the chip design arena.

“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,” says Karthik Narain, group chief executive — technology at Accenture


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