NEW DELHI (dpa-AFX) - Accenture plc (ACN) announced Monday that it has
acquired Excelmax Technologies, a Bangalore, India-based semiconductor design
services provider. The financial terms of the deal were not disclosed.

Excelmax provides custom silicon solutions used in consumer devices, data
centers, artificial intelligence or AI and computational platforms that enable
edge AI deployments. The services are offered to clients in the automotive,
telecommunications and high-tech industries.

The acquisition will add Excelmax's about 450 professionals to Accenture in key
areas such as emulation, automotive, physical design, analog, logic design and
verification.

Karthik Narain, group chief executive-Technology at Accenture, said, 'With the
rapid evolution of new technologies like generative AI and the growth of
connected products, more intricate, specialized chips with enhanced performance
and efficiency are required. 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.'

The latest acquisition follows the addition of XtremeEDA, an Ottawa,
Canada-based silicon design services company, in 2022.



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