Accenture announces intent to acquire XtremeEDA

Accenture 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. 
  
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, a statement said.

“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, according to the statement.
  
“We welcome the addition of the XtremeEDA team to expand our edge computing and silicon design capabilities in North America. XtremeEDA will help us scale what is already one of the most comprehensive edge capabilities in the world, creating new experiences on the digital core,” said Jeffrey Russell, president of Accenture in Canada. “By combining XtremeEDA’s strong and deep experience in advance silicon design with Accenture’s Cloud First capabilities, we are poised to deliver more value for clients in specialized hardware, distributed cloud, decentralized edge computing and complex security needs.” 
  
“Joining Accenture will enable us to continue the mission we started 20 years ago: to be a strategic partner for clients and to have global reach,” said Claude Cloutier, CEO, XtremeEDA. “It’s a milestone moment to bring our team’s experience to Accenture’s end-to-end silicon engineering services. We are excited for the journey ahead, one that will open greater opportunities for our clients and people.”  

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