- Indian firm aims to strengthen its leadership in VLSI and systems design services.
Bengaluru: Wipro Limited has signed a definitive agreement to acquire California-based engineering services company Eximius Design.
Eximius’ offerings and solutions will be consolidated as a part of Wipro’s EngineeringNXT framework, providing customers with a platform to innovate and engineer the next generation of products 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,” Harmeet Chauhan, Senior Vice-President, Industrial and Engineering Services at Wipro Limited, said.
The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the quarter ending December 31, 2020.
Founded in August 2013 and headquartered in San Jose, California, US, Eximius has design centres in the US, India and Malaysia.
Their clientele includes some of the Fortune 100 corporations and new age companies across semiconductors, cloud and hyperscale infrastructure, consumer electronics and automotive segments.