Accenture’s acquisition augments silicon design experience and enhances its ability to help clients accelerate semiconductor innovation for growing data computing needs.
American IT and consulting firm Accenture announces the acquisition of Cientra, a New Jersey-headquartered Indian product solutions company, to offer custom silicon solutions for global clients. Cientra’s consulting expertise in embedded IoT and application-specific integrated circuit design and verification bolsters Accenture’s capabilities in silicon design, helping accelerate semiconductor innovation to meet growing data computing demands. This strategic acquisition is critical to Accenture’s global expansion plans in the technology and semiconductor industry. The deal also integrates Cientra’s 530 employees into Accenture’s Advanced Technology Centres in India.
While neither company discloses financial details, this acquisition marks Accenture’s third deal in India’s silicon design and engineering service space. Accenture’s strategy focuses on expanding its silicon design and engineering capabilities and underscores its commitment to helping clients maximize value and reinvent themselves. The company sees India as a strategic and growing hub for chip design, a trend driven by rising global demand for silicon solutions.
Accenture acquired 35 companies for $5.2 billion in the current fiscal year. Anil Kempanna, CEO of Cientra, emphasizes that joining Accenture provides exciting opportunities to expand globally and scale capabilities to create new growth avenues for clients and employees, fostering optimism about the future.
