Accenture Acquires Excelmax: Deepening Silicon Design & Engineering

By By Rediff Money Desk, New Delhi
Jul 08, 2024 20:03
Accenture acquires Excelmax Technologies, a Bengaluru-based semiconductor design services provider, to enhance its silicon design and engineering capabilities, adding 450 skilled professionals.
New Delhi, July 8 (PTI) Accenture on Monday announced the acquisition ofExcelmax Technologies, a Bengaluru-based semiconductor design services provider, for an undisclosed amount.

Mahesh Zurale, global lead - Advanced Technology Centers Global Network at Accenture said the acquisition of Excelmax Technologies "brings approximately 450 highly skilled silicon professionals to our Advanced Technology Centers in India".

The financial terms of the deal were not disclosed.

"Accenture acquires Excelmax Technologies to expand silicon design and engineering capabilities," a release said.

Excelmax provides custom silicon solutions used in consumer devices, data centres, artificial intelligence (AI) and computational platforms that enable edge AI deployments to clients in the automotive, telecom and high-tech industries.

"The semiconductor market is experiencing a surge in demand for silicon design engineering, driven by the proliferation of data centres and the increasing use of AI and edge computing," it said adding this is further fuelled by the growing consumer appetite for electronics, which, in turn, is driving new investments in the chip design space.

Excelmax - founded in 2019 - offers semiconductor solutions from design to detailed physical layout ready for manufacturing, and full turnkey execution.

The company adds about 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, according to the release.
Source: PTI
Read More On:
indiaaiacquisitionbengalurusemiconductor designaccentureedge computingadvanced technologyexcelmax technologiessilicon engineering
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Odisha Assembly Passes Appropriation Bill

Odisha assembly passes Rs 17,440 crore appropriation bill for 2025-26. CM Majhi defends...

CTUIL Revokes Grid Access for 6.3 GW RE Projects

CTUIL revoked grid access for 6.3 GW renewable energy projects due to developer delays....

L&T Transfers Realty Business to L&T Realty...

Larsen & Toubro transfers its realty business to L&T Realty Properties Ltd. A phased...

Wakefit IPO Subscribed 15% on Day 1

Wakefit''s Rs 1,289-cr IPO saw 15% subscription on day 1. Retail investors showed...

Apple Fitness+ Launching in 28 New Countries

Apple Fitness+ expands to 28 new countries, including India, on December 15. Enjoy...

MSME Loan Risk: Over-Leveraged Borrowers

Report reveals sharp concentration risk in MSME loan portfolios due to over-leveraged...

Navitas & Cyient: GaN Tech for High-Power India

Navitas Semiconductor and Cyient Semiconductors partner to co-develop gallium nitride...

Abrau-Durso to Produce Wine Beverages in India

Russia''s Abrau-Durso Group plans to produce wine beverages in India with IndoBevs....

GX Group Expands to Latin America with Calculus...

GX Group partners with Calculus Networks to expand broadband business in Latin America....

Corona Remedies IPO Subscribed 62% on Day 1

Corona Remedies'' Rs 655-cr IPO received 62% subscription on day 1. Details on retail,...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com