Tech

Accenture Acquires ExelMax Technologies to Expand Silicon Design and Engineering Capabilities

Excelmax provides custom silicon solutions used in consumer devices, data centers, artificial intelligence (AI) and compute platforms enabling the deployment of edge AI for clients across the automotive, communications and high-tech industries.

The semiconductor market is experiencing a surge in demand for silicon design engineering due to the proliferation of data centers and increased use of AI and edge computing. This demand is further driven by rising consumer demand for electronic devices, spurring new investments in the chip design sector.

“The rapid evolution of new technologies like generative AI and the growth of connected products are requiring more complex and specialized chips with improved performance and efficiency,” said Kartik Narain, group chief executive officer, Technology, Accenture. “The acquisition of Excelmax strengthens our expertise in all aspects of silicon design and development, from concept to manufacturing, to help our clients accelerate innovation and drive growth.”

Founded in 2019, Excelmax provides comprehensive semiconductor solutions from high-level design to detailed, manufacturable physical layout to full turnkey execution. The company will add approximately 450 experts to Accenture in key areas including emulation, automotive, physical design, analog, logic design and verification, expanding Accenture's capabilities to help clients around the world accelerate innovation in edge computing.

“Our company has always been focused on developing the best talent to deliver customized solutions that help our clients around the world build and sustain a competitive advantage,” said Shekhar Patil, founder and CEO of Excelmax Technologies. “Joining Accenture will enable us to remain at the forefront of innovation and provide new and exciting opportunities for both our clients and employees.”

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

About Accenture Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build a digital core, optimize operations, accelerate revenue and enhance citizen services to create measurable value at speed and scale. With approximately 750,000 people, Accenture serves clients in more than 120 countries. Technology is at the heart of change today, and Accenture is one of the world's leading companies driving that change through strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capabilities. Our broad range of services, solutions and assets across strategy and consulting, technology, operations, Industry X and Song uniquely enable us to deliver measurable results. These capabilities, along with our culture of shared success and 360-degree commitment to value creation, enable us to help our clients reimagine and build lasting relationships they trust. Our success is measured by the 360° value we create for our customers, employees, shareholders, partners and communities. Learn more at www.accenture.com.

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Keerthi Goutham Accenture +91 99000 94099 [email protected]

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