Add-on Acquisition • Semiconductors

Accenture Acquires Excelmax

On July 8, 2024, Accenture acquired semiconductors company Excelmax

Acquisition Context
  • This is Accenture’s 2nd transaction in the Semiconductors sector.
  • This is Accenture’s 3rd transaction in India.

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M&A Deal Summary

Date July 8, 2024
Target Excelmax
Sector Semiconductors
Buyer(s) Accenture
Deal Type Add-on Acquisition

Target Company

Excelmax

Bengaluru, India
Excelmax is a semiconductor designer that provides custom silicon solutions used in consumer devices, data centers, artificial intelligence (AI), and computational platforms that enable edge AI deployments, to clients in the automotive, telecommunications, and high-tech industries. Excelmax is based in Bengaluru, India.
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Buyer Overview 1

Buyer

Accenture

Dublin, Ireland

Category Company
Founded 1951
Sector Business Services
Employees791,000
Revenue 64.9B USD (2024)
DESCRIPTION

Accenture is a global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining experience and specialized skills across more than 40 industries and all business functions, Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. Accenture was founded in 1951 and is based in Dublin, Ireland.


Deal Context for Buyer #
Overall 325 of 359
Sector: Semiconductors 2 of 2
Type: Add-on Acquisition 288 of 314
Country: India 3 of 4
Year: 2024 23 of 32
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-19 Fibermind

Rovigo, Italy

Fibermind is a network services company, specializing in fiber and mobile 5G networks deployment, as well as infrastructure engineering services. Fibermind was formed in 2005 and is headquartered in Rovigo, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-09 True North Solutions

Calgary, Alberta, Canada

True North Solutions provides industrial engineering solutions to help clients produce and transport energy more safely and efficiently. True North Solutions is headquartered in Calgary, Alberta.

Buy -