Accenture Acquires Excelmax Technologies

Accenture, a multinational technology corporation, has purchased Excelmax Technologies, a semiconductor design services company based in Bengaluru, India. The financial details of the acquisition have not been released.

Excelmax offers tailored silicon solutions for a range of industries, including consumer products, data centers, artificial intelligence (AI), computing platforms, automotive, telecommunications, and high-tech sectors. These solutions facilitate the deployment of edge AI and cater to the specific needs of our clients.

Accenture reports that the semiconductor sector is currently witnessing a significant increase in demand for silicon design engineering. This rise is mostly attributed to the growing number of data centers and the rising adoption of artificial intelligence (AI) and edge computing. This trend is further accelerated by the increasing consumer demand for electronics, which is leading to additional investments in the field of chip design.

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Acquiring Excelmax will result in around 450 employees with specialized knowledge in areas such as emulation, automotive, physical design, analog, logic design, and verification being part of Accenture.

Karthik Narain, Group Chief Executive of Technology at Accenture, said: “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,”

Shekhar Patil, Founder and CEO, Excelmax Technologies, said: “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,”

About Excelmax Technologies

Founded in 2019, by Shekhar Patil, Excelmax is founded by experts in the field of VLSI backed with a vast experience of 20 odd years. Having pioneered various cutting-edge technologies ranging from mobile to cloud servers, Excelmax is recognized as one of India’s fastest-growing technology companies.

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