Accenture announces Intent to acquire XtremeEDA to expand silicon design capabilities in Canada and US
Karthik Narain of Accenture
Toronto and Austin. 27 June 2022 – Accenture has entered into an agreement to acquire XtremeEDA, an Ottawa-based silicon design services provider. The company provides semiconductor engineering services for clients seeking custom silicon solutions used in consumer devices, cloud data centres, 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.
“We believe silicon engineering has enormous potential to help organisations uncover new ways to differentiate and personalise experiences in the digital world,” says Karthik Narain, global lead of Accenture Cloud First. “Excellent, fit-for-purpose silicon design translates into real-time, seamless, accessible and completely user-centred experiences. The XtremeEDA team’s expertise will help us bring more specialised, high-performance and scalable compute capabilities to our clients as they utilise the power of the Cloud Continuum to reinvent their enterprises.”
Founded in 2002, XtremeEDA is recognised 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 technologies to safeguard against an increasingly complex and evolving security environment.
“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,” says 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 specialised hardware, distributed cloud, decentralised 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,” says 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.”
Since 2020, XtremeEDA is the fifth business that Accenture Canada will acquire. Recent acquisitions include:
- In September 2021, Accenture acquired Gevity, a strategy and consulting organisation focused on helping healthcare industry clients transform their businesses through innovative technology solutions based in Victoria.
- In July 2021, Accenture acquired Cloudworks, a Oracle Cloud service provider based in Toronto.
- In 2020, Accenture acquired Avenai, another Ottawa consultancy focused on public service organisations, and Callisto Integration, an Oakville, Ontario, provider of consulting and technology services in digital manufacturing in food and beverage, chemicals, utilities and other industries.
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