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Accenture completes acquisition of Excelmax Technologies to enhance silicon design and engineering capabilities

Jul 08, 2024over 1 year ago

Acquiring Company

Accenture

Acquired Company

Excelmax Technologies

DublinKarnatakaInformation TechnologyArtificial IntelligenceManufacturing

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.

Company Information

Company

Accenture

Location

Dublin, Dublin, Ireland

About

Accenture is a leading global professional services company that helps the world’s leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale.

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M&A Insights

Based on deal data
Integration 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