Wipro to amass Eximius Design – Sectors

Wipro Limited has signed a definitive settlement to amass Eximius Design, a number one engineering companies firm with sturdy experience in semiconductor, software program and programs design.

Eximius offers end-to-end options and companies for constructing smarter, smaller and sooner related merchandise for numerous use instances of IoT, Industry 4.0, Edge Computing, Cloud, 5G and Artificial Intelligence. Their experience spans throughout SOC, IP, ASIC, FPGA, {hardware} system and software program domains. Founded in August 2013 and headquartered in San Jose, California, USA, Eximius has design facilities within the US, India and Malaysia. Their clientele contains a few of the Fortune 100 firms and new age corporations throughout semiconductors, cloud and hyperscale infrastructure, shopper electronics and automotive segments.

Eximius’ choices and options might be consolidated as part of Wipro’s EngineeringNXT framework, offering clients with a platform to innovate and engineer the subsequent technology of merchandise and platforms at scale.

“Eximius enables Wipro to strengthen market leadership in VLSI and systems design services by expanding our market presence and strengthening our technical leadership in the semiconductor ecosystem, to help accelerate silicon innovation for our customers. We are pleased to welcome Eximius’ employees and look forward to help our customers innovate at scale and deliver next generation connected products, faster,” mentioned Harmeet Chauhan, senior VP, industrial & engineering companies, Wipro.

“Our customers, employees and the entire semiconductor ecosystem will tremendously benefit from the synergies of Eximius and Wipro’s combined portfolio of offerings,” mentioned Jay Avula, CEO, Eximius Design. “Clients will gain access to Wipro’s global scale and offerings, along with Eximius’ innovative solutions to accelerate the adoption of ASIC, FPGA, systems and software engineering initiatives. We are pleased to become a part of the Wipro family.”

The acquisition is topic to customary closing circumstances and regulatory approvals and is predicted to shut within the quarter ending December 31, 2020.

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