Accenture acquires Excelmax to strengthen Silicon Design & Engineering Capabilities

Accenture acquires Excelmax to strengthen Silicon Design & Engineering Capabilities

Accenture, a technology company headquartered in Ireland, has purchased Excelmax Technologies, a Bengaluru-based provider of semiconductor design services.

The strategic initiative is designed to strengthen Accenture's capabilities in silicon design and engineering.

Although the financial details of the deal have not been disclosed, the acquisition is anticipated to enhance Accenture's position in the semiconductor market.

Established in 2019, Excelmax specializes in custom silicon solutions utilized across consumer devices, data centers, artificial intelligence (AI), and computational platforms, facilitating edge AI deployments for clients in automotive, telecommunications, and high-tech sectors.

The organization employs around 450 experts with vast expertise in fields including emulation, automotive, physical design, analog, logic design, and verification.

Shekhar Patil, founder & CEO of Excelmax Technologies said,"Our primary focus has consistently been on nurturing top talent to deliver customized solutions for our international clients, enabling them to establish and sustain a competitive edge."

He also added that partnering with Accenture allows them to stay ahead in innovation, offering fresh and promising prospects for both their clients and their team members.

The semiconductor market is experiencing a rise in demand for silicon design engineering, fueled by the expansion of data centers and the growing adoption of AI and edge computing. Increased consumer demand for electronics is also driving fresh investments in chip design.

Accenture's acquisition of Excelmax is strategically timed to meet these market demands by strengthening its capabilities in silicon design and development.

Karthik Narain, group chief executive of technology at Accenture said, "As generative AI and connected products continue to advance, there is a growing need for more sophisticated, specialized chips that can deliver improved performance and efficiency."

He also mentioned,"Through acquiring Excelmax, we bolster our proficiency in all facets of silicon design and development, spanning from initial concept to final production. This positions us to empower our clients in fostering innovation and achieving substantial growth."