Accenture completes acquisition of Excelmax Technologies to enhance silicon design and engineering capabilities
Jul 08, 2024•over 1 year ago
Acquiring Company
Accenture
Acquired Company
Excelmax Technologies
Description
Accenture has acquired Excelmax Technologies, a Bangalore, India-based semiconductor design services provider, to further enhance its growing silicon design and engineering capabilities. The acquisition aims to strengthen Accenture’s expertise in silicon design and development, enabling the company to fuel innovation and drive growth for its clients.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed