Acquisition of leading semiconductor design services provider strengthens engineering R&D services.
Infosys (NSE, BSE, NYSE: INFY) a global provider of next-generation digital services and consulting, has announced that it has completed the acquisition of InSemi, a leading semiconductor design and embedded services provider. This follows the announcement the company made January 11, 2024.
Infosys has been at the forefront of delivering cutting-edge solutions across industries with Engineering R&D services. The strategic investment with InSemi reaffirms Infosys' commitment to the semiconductor ecosystem and strengthens expertise in Engineering R&D services. Semiconductors are at the heart of the technology which is driving exponential growth of Artificial Intelligence (AI), 5G, Hyperconnectivity, High Performance Computing, Quantum Technology, Electric Vehicles, Virtual Reality, IoT and Smart Devices. This collaboration helps accelerate Infosys' Chip-to-Cloud strategy, by bringing niche design skills at scale and will also pair seamlessly with existing investments in AI/Automation platforms and industry partnerships. The collaboration will aim to orchestrate comprehensive end-to-end product development for global clients to help them navigate their digital transformation journey.
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