Accenture on Monday said it has acquired Excelmax Technologies, a semiconductor design services provider based in Bangalore, India.
The acquisition will look to enhance Accenture's growing silicon design and engineering capabilities. Although the terms of the transaction were not disclosed, the strategic move is set to expand Accenture’s offerings in a rapidly evolving market.
Founded in 2019, Excelmax Technologies specialises in providing custom silicon solutions for various industries, including automotive, telecommunications, and high-tech. Their comprehensive services range from high-level design to detailed physical layout and full turnkey execution.
The acquisition will see approximately 450 professionals from Excelmax joining Accenture, strengthening the company's expertise in critical areas such as emulation, automotive, physical design, analog, logic design, and verification.
“With the rapid evolution of new technologies like generative AI and the growth of connected products, more intricate, specialised chips with enhanced performance and efficiency are required,” said Karthik Narain, group chief executive—Technology at Accenture.
The semiconductor market is experiencing a surge in demand, driven by the proliferation of data centers and the increasing use of AI and edge computing. The growing consumer appetite for electronics is also fueling new investments in chip design. Accenture’s acquisition of Excelmax is seemingly a strategic response to these trends, positioning the company to better serve its global clients in meeting the rising demand for intricate, high-performance chips.
This acquisition follows Accenture’s 2022 purchase of XtremeEDA, a silicon design services company based in Ottawa, Canada.
“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,” added Narain.
