Accenture Acquires Bengaluru-based Chip Design Company Excelmax Technologies

Accenture has announced the acquisition of Bengaluru-based chip designing company Excelmax Technologies.

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, telecommunications 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.

This is further propelled by the growing consumer appetite for electronics, which is driving new investments in the chip design space.

The acquisition enhances Accenture’s growing silicon design and engineering capabilities. Terms of the transaction were not disclosed.

“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.

Founded in 2019, Excelmax brings comprehensive semiconductor solutions from high level design to detailed physical layout ready for manufacturing, and full turnkey execution.

The company adds approximately 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.

This acquisition follows the addition of XtremeEDA, an Ottawa, Canada-based silicon design services company, in 2022.