Accenture acquires Excelmax to strengthen its IC design expertise

Accenture has acquired Excelmax Technologies, a Bangalore-based semiconductor design firm, to expand the scope of integrated circuit design services it offers to clients.

Excelmax was founded in 2019 and is engaged in high-level semiconductor design, detailed physical layout, and full turnkey execution. The company offers custom silicon solutions for consumer devices, data centers, artificial intelligence (AI), and edge computing applications, with customers in the automotive, telecommunications, and high-tech sectors.

The companies said the acquisition is consistent with Accenture’s strategy to meet growing demand in the semiconductor market, driven by the proliferation of data centers, artificial intelligence and edge computing.