Accenture has bolstered its presence in the semiconductor sector by acquiring Excelmax Technologies, a specialist in silicon design based in Bengaluru, India.  

The move is expected to enhance Accenture’s offerings in silicon design and engineering 

Financial details of the transaction were not disclosed.  

Excelmax specialises in delivering custom silicon solutions for a variety of applications such as data centers, consumer technology, artificial intelligence (AI) and computational platforms for edge AI deployments. 

It caters to clients operating in the automotive, telecommunications, and high-tech industries. 

Accenture said the semiconductor market is witnessing robust growth, fuelled by the increasing need for data center services and the integration of AI and edge computing technologies.  

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

This growth is accompanied by a rising consumer demand for electronics, which in turn is spurring new investments in chip design. 

Founded in 2019, Excelmax provides an array of semiconductor solutions, covering the spectrum from high-level design to detailed physical layout ready for manufacturing, including full turnkey execution.  

With this acquisition, Accenture adds around 450 professionals to its roster, enhancing its services in areas such as emulation, automotive, physical design, analog, logic design, and verification. 

Accenture group chief executive—technology Karthik Narain said: “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.  

“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.” 

Accenture’s acquisition of Excelmax follows its previous strategic move in 2022, when it added XtremeEDA, a silicon design services company based in Ottawa, Canada, to its portfolio.  

In January 2024, Accenture announced the launch of ten innovation hubs dedicated to generative AI (GenAI) worldwide, including one in London.  

These hubs are part of Accenture’s substantial $3bn investment in AI, aimed at empowering clients to harness the potential of GenAI.