Accenture (NYSE: ACN) has acquired Teamexpat, an embedded software specialist for complex high-tech products and systems, headquartered in Eindhoven, the Netherlands.
The amount of the deal was not disclosed.
With the acquisition, Accenture will expand its offerings.
Founded in 2014 by Vinay Dasa, CEO, Teamexpat focuses on embedded software for the semiconductor industry. It focuses on software development, testing and integration for lithography systems in the semiconductor industry. These systems use ultraviolet light to print the fine patterns on semiconductor materials that define the performance of microchips.
Teamexpat’s team of software experts join Accenture’s digital engineering team in the Netherlands. Their embedded software engineering expertise will strengthen Accenture’s smart, connected products capabilities for clients in the semiconductor sector and other discrete manufacturing industries.
Commenting on the news, Vinay Dasa said: “We are looking forward to the opportunities that becoming part of Accenture will bring to our clients and team. Accenture’s global footprint and expertise will provide a scaling platform for our clients’ near- and off-shore embedded software development projects.”
FinSMEs
23/05/2024