Accenture Announces Intent to Acquire XtremeEDA to Expand Silicon Design Capabilities in Canada and US

Accenture (NYSE: ACN) has entered into an agreement to acquire XtremeEDA, an Ottawa-based silicon design services leader. The company provides semiconductor engineering services for clients 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 terms of the acquisition were not disclosed.

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Accenture has entered into an agreement to acquire XtremeEDA, an Ottawa-based silicon design services leader. (Photo: Business Wire)

The acquisition of XtremeEDA will expand Accenture Cloud First’s capabilities in edge computing to help clients improve how they manage and use physical assets at or near the user and create new interactive, human experiences.

“We believe silicon engineering has enormous potential to help organizations uncover new ways to differentiate and personalize experiences in the digital world,” said Karthik Narain, global lead of Accenture Cloud First. “Excellent, fit-for-purpose silicon design translates into real-time, seamless, accessible and completely user-centered experiences. The XtremeEDA team’s expertise will help us bring more specialized, high-performance and scalable compute capabilities to our clients as they utilize the power of the Cloud Continuum to reinvent their enterprises.”

Founded in 2002, XtremeEDA is recognized across North America for its expertise in digital design verification, processor and system integration and hardware security. XtremeEDA has an office in Ottawa and brings a team of approximately 40 experienced engineers and practitioners who serve North American clients across industries including software and platform, telecommunications, consumer products, avionics and defense.

Among XtremeEDA’s core offerings is digital design verification where experienced engineers deliver advanced verification services and solutions including reusable and scalable implementation. The company also offers processor and system integration services through applied state-of-the art verification, performance analysis and coherency testing. In close partnership with clients, XtremeEDA ensures hardware products are designed with the best technologies to safeguard against an increasingly complex and evolving security environment.