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 expertise M&A deal quantity 580 that ChannelE2e has coated up to now in 2022.

Based in 1989, Accenture is headquartered in Dublin, Eire and has greater than 70 areas all over the world. The corporate has 699,000 staff listed on LinkedIn. Accenture’s areas of experience embody administration consulting, programs integration and expertise, enterprise course of outsourcing and software and infrastructure outsourcing.

XtremeEDA, established in 2002, is predicated in Ottawa, Ontario, Canada. The corporate has 41 staff listed on LinkedIn. XtremeEDA’s areas of experience embody digital design validation, processor and programs integration, and {hardware} safety for North America clients together with software program and platforms, telecommunications, shopper 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 belongings on or close to the consumer.

Accenture acquires ExtremeMEDA: Govt Insights

Karthik Narayan, International Lead, Accenture Cloud First

Claude Clotier, CEO, XtremeEDA

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

“We imagine that silicon engineering has huge 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 reworked into user-centric experiences. The experience of the XtremeEDA group will assist us deliver 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 group to broaden our edge computing and silicon design capabilities” North America, XtremeEDA will assist us scale one of the complete edge capabilities on this planet 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 accomplice for patrons and have a worldwide attain. To deliver our group’s expertise to Accenture’s full silicon engineering providers This can be a milestone. We’re excited for the journey forward, which is able to open up extra alternatives for our clients and folks.”

Accenture’s M&A Exercise

International IT consulting agency Accenture usually acquires dozens of corporations yearly. Most of the offers give attention to cloud providers, cyber safety, digital transformation, information and analytics, managed providers, sustainability and promoting companies. You’ll be able to view a listing 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 situated in Toronto, In 2020, Accenture acquired Avenai, one other Ottawa based mostly Consulting centered on public service organizations, and Callisto Integration, a Oakville, Ontario Consulting and expertise providers supplier for digital manufacturing within the meals and beverage, chemical, utilities and different industries.

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