Infosys Announces Strategic Acquisition of InSemi, a Premier Semiconductor Design and Embedded Services Provider
Infosys, a global leader in IT services, has revealed its plans to acquire InSemi, a prominent semiconductor design and embedded services provider. The acquisition, valued at Rs 280 crore, involves the purchase of a 100 percent stake in InSemi, marking a significant step in Infosys’ commitment to enhancing its engineering R&D capabilities.
Strengthening Digital Transformation Initiatives
In a press release, Infosys highlighted that this strategic investment is aligned with the company’s dedication to co-create with global clients, aiding them in navigating their digital transformation journey. The move underscores Infosys’ recognition of the pivotal role semiconductors play in the rapidly evolving landscape of electronic gadgets, especially in the context of the artificial intelligence (AI) boom.
Accelerating Chip-to-Cloud Strategy
Infosys articulated that the acquisition of InSemi will expedite its chip-to-cloud strategy, incorporating specialized design skills at scale. This integration will seamlessly complement Infosys’ existing investments in AI/automation platforms and industry partnerships, positioning the company at the forefront of technological innovation.
InSemi’s Expertise and Industry Presence
Founded in 2013, InSemi has emerged as a leading player in the semiconductor design services domain. The company offers end-to-end solutions, showcasing proficiency in electronic design, platform design, automation, and embedded and software technologies. Its clientele spans across semiconductor, consumer electronics, automotive, and hi-tech industries, serving as a testament to its global recognition.
Unique Differentiator in Next-Generation Services
Dinesh R, EVP & Co-Delivery Head at Infosys, emphasized the strategic importance of InSemi in the context of evolving technologies. He stated, “With the advent of AI, Smart devices, 5G and beyond, electric vehicles, the demand for next-generation semiconductor design services integrated with our embedded systems creates a unique differentiator. InSemi is a strategic investment as we usher in the next wave of growth and aim for a leadership position in Engineering R&D.”
Looking Forward to a New Wave of Growth
The acquisition of InSemi positions Infosys to capitalize on the growing demand for advanced semiconductor design services, especially in conjunction with emerging technologies. As the company sets its sights on a leadership role in Engineering R&D, this move signifies a significant milestone in Infosys’ pursuit of innovation and technological excellence.
Infosys is a global leader in next-generation digital services and consulting. The company is dedicated to helping clients in over 50 countries navigate their digital transformation journey by providing innovative solutions and services.
InSemi, founded in 2013, is a distinguished semiconductor design and embedded services provider. The company’s expertise spans electronic design, platform design, automation, embedded, and software technologies, catering to diverse industries worldwide.
The image added is for representation purposes only