Accenture buys Bengaluru-based Excelmax to expand silicon design and engineering capabilities

Ireland-based technology company Accenture has acquired Excelmax Technologies, a Bengaluru-based semiconductor design services provider.

The strategic move aims to enhance Accenture's silicon design and engineering capabilities.

While the financial terms of the transaction remain undisclosed, the acquisition is expected to bolster Accenture's expertise in the semiconductor market.

What does Excelmax Technologies do?

Founded in 2019, 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 company has a team of approximately 450 professionals who bring extensive experience in areas such as emulation, automotive, physical design, analogue, logic design, and verification.

“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,” said Shekhar Patil, founder & CEO of 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.”

Focused on addressing market demands 

The semiconductor market is witnessing a surge in demand for silicon design engineering, driven by the proliferation of data centres and the increasing use of AI and edge computing. The rising consumer appetite for electronics is also propelling new investments in chip design.

Accenture's acquisition of Excelmax is timely, as it aims to address these market demands by enhancing its capabilities in silicon design and development.

“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,” said Karthik Narain, group chief executive of technology at Accenture.

“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.”