Accenture acquires semiconductor engineering design agency XtremeEDA

Accenture has acquired Ottawa-based silicon design providers firm XtremeEDA. Monetary phrases of the deal weren’t disclosed.

That is know-how M&A deal quantity 580 that ChannelE2e has lined up to now in 2022.

Based in 1989, Accenture is headquartered in Dublin, Eire and has greater than 70 areas world wide. The corporate has 699,000 workers listed on LinkedIn. Accenture’s areas of experience embrace administration consulting, programs integration and know-how, enterprise course of outsourcing and utility and infrastructure outsourcing.

XtremeEDA, established in 2002, is predicated in Ottawa, Ontario, Canada. The corporate has 41 workers listed on LinkedIn. XtremeEDA’s areas of experience embrace digital design validation, processor and programs integration, and {hardware} safety for North America clients together with software program and platforms, telecommunications, client merchandise, avionics and protection.

The businesses mentioned the acquisition of XtremeEDA will broaden Accenture Cloud First’s capabilities in edge computing, serving to clients enhance how they handle and use bodily property on or close to the person.

Accenture acquires ExtremeMEDA: Government Insights

Karthik Narayan, International Lead, Accenture Cloud First

Claude Clotier, CEO, XtremeEDA

Kartik NarayanInternational management at Accenture Cloud First commented on the information:

“We consider that silicon engineering has monumental potential to assist organizations uncover new methods to distinguish and personalize experiences within the digital world. Glorious, fit-for-purpose silicon designs are real-time, intuitive, accessible and accessible.” Totally remodeled into user-centric experiences. The experience of the XtremeEDA staff will assist us convey extra specialised, high-performance and scalable compute capabilities to our clients as they relaunch their enterprises with Cloud Continuum use the facility of.”

Jeffrey RussellPresident of Accenture Canada, added:

“We welcome the addition of the XtremeEDA staff to broaden our edge computing and silicon design capabilities” North America, XtremeEDA will assist us scale one of the crucial complete edge capabilities on the earth to create new experiences on the digital core. Combining the robust and deep really feel of XtremeEDA in superior silicone design with Accenture cloud first capabilities, we’re positioned to ship better worth to clients throughout specialised {hardware}, distributed cloud, decentralized edge computing and sophisticated safety wants.”

Claude ClotierThe CEO of XtremeEDA mentioned:

“Becoming a member of Accenture will allow us to proceed the mission we started 20 years in the past: to be a strategic companion for purchasers and have a world attain. To convey our staff’s expertise to Accenture’s full silicon engineering providers This can be a milestone. We’re excited for the journey forward, which can open up extra alternatives for our clients and other people.”

Accenture’s M&A Exercise

International IT consulting agency Accenture usually acquires dozens of corporations yearly. Lots of the offers concentrate on cloud providers, cyber safety, digital transformation, knowledge and analytics, managed providers, sustainability and promoting businesses. You’ll be able to view an inventory of Accenture acquisitions that ChannelE2E has tracked since 2019 right here.

XtremeEDA is the fifth enterprise Accenture Canada has acquired since 2020. In September 2021, Accenture acquired Gavity, a healthcare technique and consulting group. Victoria, In July 2021, Accenture acquired CloudWorks, a number one Oracle cloud providers supplier, for . is positioned in Toronto, In 2020, Accenture acquired Avenai, one other Ottawa based mostly Consulting targeted on public service organizations, and Callisto Integration, a Oakville, Ontario Consulting and know-how providers supplier for digital manufacturing within the meals and beverage, chemical, utilities and different industries.

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