Infosys, a leading IT company, has announced its acquisition of InSemi, an Indian semiconductor design and embedded services company. This strategic investment will strengthen Infosys’ engineering research and development (R&D) capabilities.
Established in 2013, InSemi offers a range of semiconductor design services, including circuit design, RTL and ASIC design, physical design, and verification. The company serves various sectors, such as consumer electronics and automotive, with its team of over 900 design specialists known for their innovative approach and agility.
The financial details and terms of the acquisition have not been disclosed. However, it is expected that this move will provide Infosys with niche design skills at scale, complementing its existing AI/Automation platforms and industry partnerships. Furthermore, it will allow Infosys to enhance its capabilities in the semiconductor ecosystem, aligning with its Chip-to-Cloud strategy.
The acquisition of InSemi will accelerate product development for Infosys’ clients by offering end-to-end solutions. This is especially important in the current landscape with the increasing demand for next-generation semiconductor design services integrated with embedded systems, driven by emerging technologies like artificial intelligence, smart devices, 5G, and electric vehicles.
Dinesh R, Executive Vice President and Co-Delivery Head at Infosys, expressed enthusiasm about the acquisition, stating that it will position Infosys for leadership in engineering R&D and drive the next wave of growth. The integration of InSemi’s expertise and capabilities will create a unique differentiator for Infosys in meeting the evolving needs of its clients.
Overall, this acquisition marks a significant expansion for Infosys in the field of semiconductor design and embedded services, empowering the company to deliver enhanced solutions and maintain its position at the forefront of technological advancements.
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