Accenture has acquired Excelmax Technologies to expand its own silicon design and engineering capabilities.
In a joint statement, the companies stated that 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 artificial intelligence (AI) as well as edge computing. Meanwhile, this is being propelled by the growing consumer appetite for electronics, which is leading to new investments in the chip design space.
In addition, Accenture will gain 450 professionals from Excelmax in key areas such as emulation, automotive, physical design, analog, logic design, and verification.
The companies, however, did not disclose the financial terms of the deal.