Product and platform engineering services company Virtusa on Wednesday announced that it has acquired Bengaluru-based SmartSoC Solutions, a semiconductor engineering and integrated circuit design services provider, while keeping the deal value undisclosed.
Moreover, the Massachusetts-headquartered firm stated that this strategic acquisition positions it at the forefront of AI and chip design innovation to address accelerating global demand for advanced silicon.
Furthermore, it emphasized that the integration of SmartSoC’s capabilities in silicon design, verification, and embedded systems engineering enables the company to fully capitalize on the rising need for sophisticated silicon solutions.
“The acquisition of SmartSoC is transformational for Virtusa,” Nitesh Banga, chief executive officer of Virtusa, said in a statement. “It immediately establishes us as a key player in the high-growth semiconductor engineering space, completing our vision for a full-stack offering that can serve clients from the foundational silicon layer all the way through to the customer application.”
Additionally, Banga noted that as AI models increase in complexity and global data centre investments accelerate, possessing in-house chip design expertise will remain essential.
Consequently, the acquisition establishes Virtusa’s semiconductor engineering footprint in India and strengthens its worldwide delivery network by integrating SmartSoC’s engineering teams across Bengaluru, Hubli, and Hyderabad.
