Accenture Acquires Cientra to Expand Silicon Design Capabilities

Accenture (NYSE:ACN) has acquired Cientra, a silicon design and engineering services company, offering custom silicon solutions for global clients. The terms of the acquisition were not disclosed.

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Accenture has acquired Cientra, a silicon design and engineering services company, offering custom silicon solutions for global clients. (Graphic: Business Wire)

Founded in 2015, Cientra is headquartered in New Jersey, U.S. and has offices in Frankfurt, Germany as well as in Bangalore, Hyderabad and New Delhi, India. The company brings consulting expertise in embedded IoT and application-specific integrated circuit design and verification capabilities, which augments Accenture's silicon design experience and further enhances its ability to help clients accelerate semiconductor innovation required to support growing data computing needs.

"Everything from data center expansion to cloud computing, wireless technologies, edge computing and the proliferation of AI, are driving demand for next-generation silicon products," said Karthik Narain, group chief executive—Technology at Accenture. "Our acquisition of Cientra is our latest move to expand our silicon design and engineering capabilities and it underscores our commitment to helping our clients maximize value and reinvent themselves in this space."

Cientra has deep experience in engineering, development and testing across hardware, software and networks, in the automotive, telecommunications and high-tech industries. The company brings approximately 530 experienced engineers and practitioners to Accenture's Advanced Technology Centers in India.

"Since inception, Cientra has been dedicated to building top talent and fostering continuous innovation, developing product solutions that drive value for our clients," said Anil Kempanna, CEO, Cientra. "Joining Accenture provides exciting opportunities to expand globally and scale our capabilities to create new avenues of growth for our clients as well as our people."

This acquisition follows the addition of Excelmax Technologies, a Bangalore, India-based semiconductor design services provider, earlier this week, and XtremeEDA, an Ottawa, Canada-based silicon design services company, in 2022.

About Accenture

Accenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 750,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. We are uniquely able to deliver tangible outcomes because of our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song. These capabilities, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at www.accenture.com.

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