Infosys says that the strategic investment demonstrates its commitment to the semiconductor ecosystem and strengthens expertise in Engineering R&D services.
Infosys today announced a definitive agreement to acquire InSemi, a Bengaluru-based semiconductor design and embedded services provider, for an undisclosed amount. This strategic investment further strengthens Infosys’ Engineering R&D capabilities and demonstrates its continued commitment to co-create with global clients to help them navigate their digital transformation journey.
Semiconductors are at the heart of the technology which is driving exponential growth of Artificial Intelligence (AI), 5G, Hyperconnectivity, High Performance Computing, Quantum Technology, Virtual Reality, IoT and Smart Devices. 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 partnerships. The collaboration will aim to orchestrate comprehensive end-to-end product development for clients.
Founded in 2013, InSemi itself was quite an acquisitive company in the year 2020. In February 2020, the company acquired GateLength Technology, followed by acquisition of two more engineering services companies — Ambit Semiconductors Pvt. Ltd. and Semtosys Pvt Ltd.— in May of the same year.
InSemi offers end-to-end semiconductor design services with expertise across electronic design, platform design, automation, embedded and software technologies. It serves leading global corporations across semi-conductor, consumer electronics, automotive, and hi-tech industries. InSemi is growing expeditiously and a team of over 900+ design specialists bring in the competitive advantage, agile mindset, and an innovative approach to build technology-led solutions that transform businesses.
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 unique differentiator. InSemi is a strategic investment as we usher a next wave of growth and a leadership position in Engineering R&D.”
"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", said Shreekanth Sampigethaya & Arup Dash, Co-Founders, InSemi.
The acquisition is expected to close during the fourth quarter of fiscal 2024, subject to customary closing conditions.
InSemi has been a market leader in the semiconductor design and embedded system solutions space. We provide end-to-end semiconductor design services including RTL & ASIC Design, Physical Design, STA, Verification, DFT, Circuit Design & Layout, FPGA, Foundation IP design, PSV, and Emulation. Our team of engineers have successfully delivered multiple ASIC design tape-outs in advanced technology nodes all the way to 5nm. InSemi is growing expeditiously and with a team of 900+ technology specialists, we bring in competitive advantage, agile mindset, and innovation to address technological challenges and transform businesses. With our expertise in electronic design, platform design, automation, embedded and software technologies, we Strategize, Innovate, and Design smart solutions, powering-up products for high-performance and seamless connectivity. For more information please visit www.insemitech.com.
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