Accenture Acquires Bangalore-based Semicon Company Excelmax

Accenture has acquired Excelmax Technologies, a semiconductor design services provider based in Bangalore, India. This acquisition strengthens Accenture's expanding silicon design and engineering capabilities. The terms of the deal were not disclosed.

Excelmax offers custom silicon solutions for consumer devices, data centers, AI, and computational platforms that support edge AI deployments. Their clients include those in the automotive, telecommunications, and high-tech industries.

The semiconductor market is witnessing a surge in demand for silicon design engineering, fueled by the expansion of data centers and the rising use of AI and edge computing. This demand is further amplified by the growing consumer appetite for electronics, spurring new investments in chip design.

“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.”

“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.”

Founded in 2019, Excelmax offers comprehensive semiconductor solutions, from high-level design to detailed physical layout and full turnkey execution. The company adds around 450 professionals to Accenture, specializing in areas such as emulation, automotive, physical design, analog, logic design, and verification. This expansion enhances Accenture's capability to help global clients accelerate edge computing innovation.

This acquisition comes after Accenture added XtremeEDA, a silicon design services company based in Ottawa, Canada, in 2022.