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Investment: Accenture acquirers Bangalore’s Excelmax

Fiinews by Fiinews
July 10, 2024
in Investment
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Patel focuses on developing best talent to deliver tailor-made solutions

Accenture (NYSE: ACN) has acquired Excelmax Technologies, a Bangalore-based semiconductor design services provider to further enhances its growing silicon design and engineering capabilities http://accenture.com .

Excelmax https://excelmaxtech.com/ 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 http://semiconductors.org 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 http://nyse.com .

“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 https://sbi.com.in/ ,” said Karthik Narain, group chief executive—Technology at Accenture https://ism.gov.in/ .

“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,” he said on 8 July https://www.bseindia.com/ .

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 https://www.nseindia.com/ .

“Our focus has always been on developing the best talent to deliver tailor-made solutions for our global clients that help them build and maintain competitive advantage https://www.ibef.org/ ,” said Shekhar Patil, founder & CEO, Excelmax Technologies.

“Joining Accenture enables us to remain at the forefront of innovation, providing new and exciting opportunities for both our clients and our people https://www.investindia.gov.in/ .”

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. Fiinews.com

Tags: Accenture
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