- Infosys, the Indian specialist in digital consulting and services, has announced the acquisition of its compatriot InSemi, a provider of semiconductor design services.
- With this investment, Infosys intends to become more involved in the semiconductor ecosystem and strengthen its expertise in engineering R&D services.
The acquisition is intended to accelerate Infosys’ Chip-to-Cloud strategy, by bringing in large-scale semiconductor design skills. It also aims to help orchestrate end-to-end product development for customers.
“Over the past 5 years, InSemi has set the strategic milestones for achieving strong growth and excellent design capabilities across the semiconductor value chain. With Infosys as a catalyst, we are creating a synergy that enables us to evolve and bring the power of AI and engineering R&D and next-generation technologies to global customers, targeting different industry sectors,” said Shreekanth Sampigethaya and Arup Dash, co-founders of InSemi.
Founded in 2013, InSemi has expertise in electronics design, platform design, automation, embedded and software technologies. The Indian company offers end-to-end semiconductor design services including RTL and ASIC design, physical design, STA, verification, DFT, circuit design and layout, FPGA, basic IP design, PSV and emulation. The company, which employs over 900 technology experts, serves the needs of the semiconductor, consumer electronics, automotive and high-tech industries. Its engineers have produced several ASIC designs in technology nodes down to 5 nm.
Infosys is an Indian IT services company. Founded in 1981 by a number of Indian businessmen, including Narayana Murthy, father-in-law of British Prime Minister Rishi Sunak. Headquartered in Bangalore, the company employs over 300,000 people. It operates in more than 56 countries to support businesses in their cloud-based digital transformation process.
The acquisition is expected to close in the fourth quarter of fiscal 2024, subject to customary closing conditions.
