Infosys to boost Engineering R&D capabilities with acquisition of InSemi
- Country:
- India
Infosys on Thursday announced a definitive agreement to acquire InSemi, a prominent semiconductor design and embedded services provider, to strengthen its expertise in Engineering R&D services and help global clients navigate their digital transformation journey.
Dinesh R, EVP & Co-Delivery Head, Infosys, said, "Infosys has been a leader and at the forefront of delivering cutting-edge solutions across industries with Engineering R&D services. 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 a next wave of growth and a leadership position in Engineering R&D."
The collaboration with InSemi is expected to expedite Infosys' Chip-to-Cloud strategy, combining specialized design skills with scalability whilst seamlessly pairing Infosys' existing investments in AI/Automation platforms and industry partnerships, offering clients a comprehensive end-to-end product development experience.
Founded in 2013, InSemi is a market leader in the semiconductor design and embedded system solutions space. With expertise in electronic design, platform design, automation, embedded and software technologies, the Bengaluru-based company serves a diverse clientele, helping them address technological challenges and transform businesses.
Commenting on this development, Shreekanth Sampigethaya & Arup Dash, Co-Founders, InSemi, said, "Over the last five years, InSemi has built a foundation with solid growth and design capabilities across the semiconductor value chain. With Infosys as our catalyst, it creates a synergistic combination that allows us to scale and bring the power of AI & Engineering R&D and next-generation technology to global clients, expanding across industry sectors. We aim to further accelerate our progress and together with Infosys, it paves a path of innovation opening new opportunities for our teams."
Infosys announced a definitive agreement to acquire InSemi. This collaboration will help accelerate Infosys' Chip-to-Cloud strategy, by bringing niche design skills at scale and will also pair seamlessly with existing investments in AI/Automation platforms and industry… pic.twitter.com/aGypfRk1ro
— Infosys (@Infosys) January 12, 2024
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