Accenture acquires Excelmax Technologies

July 8, 2024
The acquisition will bolster Accenture’s silicon design and engineering capabilities.

On July 8, Accenture announced that it has acquired the semiconductor designer Excelmax Technologies as part of an effort to expand its silicon design and engineering capabilities.

Shekhar Patil, founder and CEO of Excelmax Technologies, said in a press release, “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. Joining Accenture enables us to remain at the forefront of innovation, providing new and exciting opportunities for both our clients and our people.”

Excelmax’s silicon solutions are used in consumer devices, data centers, AI, and computational platforms. The demand for silicon design engineering is being largely driven by the growth of AI and edge computing, and Karthik Narain, group chief executive of technology at Accenture, says more intricate, specialized chips with enhanced performance and efficiency are required.

“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,” said Narain in the same press release.

Accenture has long been focused on AI, recently joining a consortium to study the effects AI will have on the technology workforce. The company also recently acquired the silicon design services company XtremeEDA.

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About the Author

Hayden Beeson

Hayden Beeson is a writer and editor with over seven years of experience in a variety of industries. Prior to joining Lightwave and Broadband Technology Report, he was the associate editor of Architectural SSL and LEDs Magazine. 

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