Accenture Closes Acquisition of XtremeEDA

accenture

Accenture (NYSE: ACN) has completed the acquisition of XtremeEDA, an Ottawa, Canada-based silicon design services firm.

Accenture had announced its intent to acquire XtremeEDA on June 27, 2022. The financial terms of the deal were not disclosed.

XtremeEDA provides semiconductor engineering services for clients across North America seeking custom silicon solutions used in consumer devices, cloud data centers, machine learning and artificial intelligence (AI) computational platforms to enable edge AI deployment.

The acquisition adds approximately 40 experienced engineers and practitioners working across industries including software and platform, telecommunications, consumer products, avionics and defense to Accenture Cloud First.

FinSMEs

01/07/2022