Accenture has made a strategic move by acquiring Excelmax Technologies, a prominent semiconductor design services provider headquartered in Bengaluru. The acquisition, announced on Monday, aims to bolster Accenture’s expertise and capabilities in silicon design and engineering.

Mahesh Zurale, Global Lead of Advanced Technology Centers Global Network at Accenture, highlighted the significance of this acquisition, stating that it brings approximately 450 highly skilled silicon professionals to Accenture’s Advanced Technology Centers in India. This influx of talent is expected to enhance Accenture’s ability to deliver cutting-edge solutions in semiconductor design and innovation.

The financial terms of the acquisition were not disclosed.

Excelmax Technologies is renowned for its specialized services in semiconductor design, catering to a global clientele with advanced engineering solutions. By integrating Excelmax’s capabilities into its portfolio, Accenture aims to strengthen its position in the competitive semiconductor market, leveraging the acquired expertise to drive technological advancements and meet evolving client needs.

This acquisition underscores Accenture’s commitment to expanding its capabilities in high-tech engineering and deepening its footprint in India’s thriving semiconductor ecosystem. It aligns with Accenture’s strategy to invest in transformative technologies and talent to deliver value and innovation to its global client base.

The integration of Excelmax Technologies into Accenture’s network is expected to accelerate collaborative efforts in silicon design, fostering innovation and driving sustainable growth in the semiconductor industry.