Accenture to Acquire XtremeEDA

Accenture Announces Intent to Acquire XtremeEDA to Expand Silicon Design Capabilities in Canada and US in move to bolster Accenture Cloud First's edge computing capabilities

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.

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.