Infosys, a global leader in digital services and consulting, has announced its acquisition of InSemi, a prominent semiconductor design and embedded services provider. This strategic investment bolsters Infosys’ Engineering R&D capabilities and underscores its commitment to collaborating with global clients on their digital transformation journey.
Semiconductors form the foundation of various technological advancements such as Artificial Intelligence (AI), 5G, Hyperconnectivity, High Performance Computing, Quantum Technology, Virtual Reality, IoT, and Smart Devices. By joining forces with InSemi, Infosys aims to accelerate its Chip-to-Cloud strategy by bringing superior design skills to scale, complementing its investments in AI/Automation platforms and industry partnerships. The collaboration will focus on enabling comprehensive end-to-end product development for clients.
Established in 2013, InSemi provides comprehensive semiconductor design services, specializing in electronic design, platform design, automation, embedded systems, and software technologies. The company serves prominent global corporations across sectors like semiconductor, consumer electronics, automotive, and hi-tech industries. With a team of over 900 design specialists, InSemi brings a competitive advantage, agile mindset, and innovative approach to developing technology-led solutions that transform businesses.
Dinesh R, EVP & Co-Delivery Head of Infosys, highlights the strategic value of this acquisition, emphasizing the growing demand for next-generation semiconductor design services in conjunction with embedded systems. This collaboration positions Infosys as a leader in Engineering R&D, enabling it to drive further growth in the era of AI, Smart Devices, and 5G technology.
The co-founders of InSemi, Shreekanth Sampigethaya and Arup Dash, express their excitement about joining forces with Infosys, emphasizing the synergistic combination of their capabilities. With Infosys as a catalyst, they envision scaling their operations and delivering the power of AI, Engineering R&D, and next-generation technology to global clients across various industries.
The acquisition of InSemi is expected to be completed in the fourth quarter of fiscal 2024, subject to customary closing conditions. This strategic move positions Infosys as a formidable player in the field of Engineering R&D, opening up new avenues for innovation and collaboration with global clients.
The source of the article is from the blog lisboatv.pt