Accenture Acquires India Chip Designer Excelmax

Accenture acquired Excelmax Technologies, an India-based semiconductor design services provider. Excelmax specializes in consumer devices, data centers, AI, and computational platforms enabling the technology’s deployment.

Terms of the acquisition were not disclosed, though Accenture noted the move builds on a purchase of Canada-based silicon design services company XtremeEDA in 2022. The consulting company said Excelmax will further grow its silicon design and engineering capabilities while opening access to the Indian company’s customers in automotive, telecoms, and high-tech industries.

Accenture cited solid demand for silicon design engineering capabilities, driven by the proliferation of data centers and the increasing use of AI and edge computing. It noted high levels of consumer demand for electronics as another factor driving new investments in the chip design space. Accenture explained that Excelmax was founded in 2019 and provides high-level design to detailed physical layout ready for manufacturing along with full turnkey execution.

The acquisition involves around 450 staff specializing in areas including emulation, automotive, physical design, analog, logic design, and verification. Karthik Narain, group chief executive, of technology at Accenture, said the advent of technologies including genAI and growing numbers of connected products means more intricate, specialized chips with enhanced performance and efficiency are required.