Accenture acquires Excelmax Technologies to expand semiconductor design services

Accenture acquired semiconductor firm Excelmax, adding 450 professionals and expanding into AI, automotive, and consumer devices. Following the XtremeEDA acquisition and $2.3 billion FY24 investments, CEO Patil cited new innovation opportunities. Group Chief Narain highlighted generative AI. Excelmax excels in design-to-layout execution, crucial for Accenture's comprehensive silicon solutions. Financial terms remain undisclosed.