Excelmax
Excelmax Technologies is an India-based chip design services firm specializing in ASIC design, embedded systems, and static timing analysis for semiconductor, cloud, and automotive customers. Founded in 2019 and acquired by Accenture in July 2024, it now operates within Accenture's Silicon Design and Engineering Services practice.
- Company typePrivate
- Founded2019
- HeadquartersBengaluru, India
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Excelmax does
Excelmax Technologies is an India-based semiconductor design services company headquartered in Bengaluru. The firm specializes in custom silicon and chip design, with stated capabilities covering ASIC design, embedded systems, and static timing analysis. It serves customers across the semiconductor, cloud, and automotive segments who require specialized chip designs for emerging workloads such as consumer electronics, edge AI platforms, and next-generation AR/VR applications. Its segmentation approach is horizontal, addressing technology companies that need custom silicon for specialized applications rather than focusing on a single vertical.
Operationally, Excelmax operates as a professional services firm, executing chip design engagements against customer specifications. Pricing, contract structures, and go-to-market details are not publicly disclosed. The company was founded in 2019 and reached a headcount of 101–250 employees prior to acquisition. No public funding rounds, investors, ownership structure, named customer logos, management team, patents, or product suite were disclosed in the available data.
In July 2024 Accenture acquired Excelmax Technologies and integrated the firm into its Silicon Design and Engineering Services practice. Post-acquisition, Excelmax's ASIC, embedded, and static timing analysis capability sits within Accenture's broader silicon-to-system portfolio, which spans ARM and RISC-V processors, ADAS/automotive silicon, analog/RF design, firmware and driver development, and Gen-AI-driven verification workflows. As a wholly-owned subsidiary of Accenture (NYSE: ACN), Excelmax now delivers its capabilities to a global high-tech client base.
Excelmax firmographics
Firmographics- Name
- Excelmax
- Legal name
- Excelmax Technologies
- Website
- https://excelmaxtech.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- Excelmax Technologies is an India-based chip design services firm specializing in ASIC design, embedded systems, and static timing analysis for semiconductor, cloud, and automotive customers. Founded in 2019 and acquired by Accenture in July 2024, it now operates within Accenture's Silicon Design and Engineering Services practice.
- Ownership category
- akta.pro rank
Excelmax industry classification
Industry- Product category
- Semiconductor Design Services
- NAICS
- Computer Systems Design Services (541512), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Design Services & ASIC/SoC Implementation (EDA-Adjacent) (HDAHAFAL)
- akta.pro secondary industries
- System-on-Chip (SoC) Platforms (Mobile/Consumer/Embedded) (HDAHAJAC), Edge Compute Infrastructure (Servers, HCI, GPU/AI at Edge) (HDABAOAC)
Keywords
Where Excelmax is headquartered
LocationHeadquarters
- HQ city
- Bengaluru
- HQ country
- India
- HQ region
- Asia
Markets served
Excelmax business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations
Excelmax product offering
Product offeringCore offering
Excelmax Technologies provides custom silicon and chip design services, including ASIC design, embedded systems development, and static timing analysis. The company's capabilities target consumer products, edge AI platforms, and next-generation AR/VR applications for semiconductor, cloud, and automotive clients. Following its July 2024 acquisition, these services are delivered as part of Accenture's Silicon Design and Engineering Services practice.
Product overview
Based on the available sources, Excelmax Technologies is an India-based semiconductor design company that was acquired by Accenture in July 2024. The company specializes in custom silicon and chip design capabilities, with a focus on consumer products and edge AI platforms, including next-generation AR/VR applications. No specific product names, modules, or detailed service descriptions are available in the provided source data.
Differentiator
Problem solved
Functional benefit
Products and services
- Custom Silicon and Chip Design Services Engineering services for custom silicon and chip design targeting consumer products, edge AI platforms, and next-generation AR/VR applications. Delivered to technology companies requiring specialized chip designs.
Companies that use Excelmax
Customer profileSegments1 record
Ideal customer profiles1 record
Excelmax technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Excelmax partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- AccenturecoreIn July 2024, Accenture acquired India-based Excelmax Technologies to strengthen its custom silicon and chip design capabilities for consumer products and edge AI platforms, including next-generation AR/VR applications. This acquisition integrated Excelmax into Accenture's Silicon Design and Engineering Services practice.
Scale indicators1 record
Recent moves1 record
Expansion highlights4 records
Excelmax competitors and assessment
Company assessmentDirect peers
- Cyient: Global engineering services firm with significant semiconductor and ASIC design practice — comparable in design services delivery model and emerging-tech end-market exposure to Excelmax.
- Tessolve: India-based semiconductor engineering services firm offering ASIC design, DFT, and embedded solutions — directly comparable service stack and similar end-market exposure in consumer and edge AI.
- eInfochips (an Arrow Electronics company): India-headquartered design services firm offering ASIC/FPGA design, embedded systems, and product engineering — directly comparable in core offerings and delivery model to Excelmax.
- MosChip Technologies: India-headquartered semiconductor and embedded design services company with ASIC/SoC and turnkey design offerings — highly comparable in scale, location, and service portfolio to Excelmax.
- Sasken Technologies: India-based publicly listed semiconductor design services firm offering ASIC design, embedded systems, and product engineering — directly comparable in capability mix, geography, and customer profile to Excelmax.
- Tata Elxsi: India-based design services arm of the Tata group providing embedded product design and semiconductor engineering — comparable in custom silicon and embedded systems services with similar geographic and customer dynamics.
Broad incumbents
- Cadence Design Systems (Design Services): Major EDA company offering design services alongside its tools — broader portfolio but directly comparable design and implementation capabilities for custom silicon and SoC projects.
- Synopsys (Design Services): Leading EDA vendor that also provides ASIC design and implementation services — broader IP and tool portfolio, but directly comparable on the ASIC/SoC implementation service line.
- HCLTech (semiconductor practice): Global IT services major with dedicated semiconductor and chip design services practice — broader service portfolio but directly overlapping with Excelmax's ASIC and embedded offerings.
- Wipro Engineering Services: Large global IT services firm with a semiconductor design services practice — broader portfolio but overlapping capability in ASIC design and embedded engineering, competing for similar enterprise clients.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat1 record
Key risks5 records
Key highlights6 records
Customer concentration
Excelmax social profiles
Digital presenceExcelmax financial estimates
Financial estimateRevenue estimate
Valuation estimate
Excelmax leadership team
Management profileNumber of profiles
Excelmax funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Excelmax M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Excelmax
What does Excelmax do?
Excelmax Technologies provides custom silicon and chip design services, including ASIC design, embedded systems development, and static timing analysis. The company's capabilities target consumer products, edge AI platforms, and next-generation AR/VR applications for semiconductor, cloud, and automotive clients. Following its July 2024 acquisition, these services are delivered as part of Accenture's Silicon Design and Engineering Services practice.
Is Excelmax a public or private company?
Excelmax is a private company. It is classified as corporate owned and is currently acquired.
When was Excelmax founded?
Excelmax was founded in 2019. It employs 101 to 250 people.
Where is Excelmax based?
Excelmax is headquartered in Bengaluru, India, in the Asia region.
Who are Excelmax's main competitors?
Direct peers on record are Cyient, Tessolve, eInfochips (an Arrow Electronics company), MosChip Technologies, Sasken Technologies and Tata Elxsi. Broad incumbents are Cadence Design Systems (Design Services), Synopsys (Design Services), HCLTech (semiconductor practice) and Wipro Engineering Services.
Does Excelmax have an API?
No public API is recorded for Excelmax.
What industry is Excelmax in?
Excelmax's product category is Semiconductor Design Services. Its primary akta.pro industry code is HDAHAFAL, Design Services & ASIC/SoC Implementation (EDA-Adjacent), with a secondary code of HDAHAJAC, System-on-Chip (SoC) Platforms (Mobile/Consumer/Embedded). Its NAICS code is 541512 and its SIC code is 7371.