Bangalore, India – January 11, 2024 – Infosys, a global leader in digital services and consulting, has announced a definitive agreement to acquire InSemi, a prominent semiconductor design and embedded services provider. This acquisition underscores Infosys’ commitment to the semiconductor ecosystem and its dedication to enhancing Engineering R&D services.
Driving Digital Transformation in Semiconductor Technology
Semiconductors play a crucial role in advancing technologies such as Artificial Intelligence (AI), 5G, High-Performance Computing, Quantum Technology, Virtual Reality, IoT, and Smart Devices. The collaboration with InSemi positions Infosys to accelerate its Chip-to-Cloud strategy, combining niche design skills with existing investments in AI/Automation platforms and industry partnerships. This synergy aims to facilitate comprehensive end-to-end product development for global clients.
Also read | Infosys Inaugurates New Development Center in Nagpur
InSemi: A Cornerstone in Semiconductor Design
InSemi, founded in 2013, provides end-to-end semiconductor design services, specializing in electronic design, platform design, automation, embedded, and software technologies. The company serves leading global corporations in semiconductor, consumer electronics, automotive, and hi-tech industries. With a team of over 900 design specialists, InSemi is rapidly expanding, bringing a competitive advantage, an agile mindset, and innovative solutions to transform businesses.
Leaders’ Perspectives
Dinesh R, EVP & Co-Delivery Head at Infosys, emphasized the strategic importance of the acquisition, stating, “InSemi is a strategic investment as we usher in a next wave of growth and a leadership position in Engineering R&D.” The Co-Founders of InSemi, Shreekanth Sampigethaya & Arup Dash, expressed their excitement, noting that the collaboration with Infosys opens new opportunities and paves the way for innovation.
Also read | Infosys and Shell Collaborate on Immersion Cooling Services for Green Data Centers
Closing the Deal
The acquisition is expected to conclude in the fourth quarter of fiscal 2024, subject to customary closing conditions.
About InSemi
InSemi, a market leader in semiconductor design and embedded system solutions, offers end-to-end semiconductor design services, including RTL & ASIC Design, Physical Design, STA, Verification, DFT, Circuit Design & Layout, FPGA, Foundation IP design, PSV, and Emulation. With a team of 900+ technology specialists, InSemi provides innovative solutions to address technological challenges and transform businesses. For more information, visit www.insemitech.com.
Also read | Infosys & AWS Partner for EMEA Financial Organizations Cloud Transformation