Capgemini Acquires HDL Design To Expand Semiconductor Capabilities
Capgemini has just acquired HDL design house which specialises in silicon design and verification services to enhance the firm’s presence in Eastern Europe and extend global silicon engineering. This acquisition comes at a time when its profit rose to almost $900 million dollars for the first half of 2023. This acquisition comes at a time when the French IT firm has been expanding their generative AI capabilities by investing more than $2 billion euros in this space. A little earlier this year, it partnered with Microsoft to create an ‘Intelligent App Factory’ to help businesses create sustainable generative AI solutions. Capgemini also partnered with Google Cloud to explore generative AI capabilities. HDL Design House is headquartered in Belgrade, Serbia and comprises approximately 300 employees. They specialise in advanced custom chip designs. “Joining Capgemini is a natural next step for us as we will become part of an important global and multidisciplinary organisation. It is a very exciting prospect for HDL Design House and its employees,” said Predrag Markovic, President & CEO, HDL Design House. By acquiring a firm which specialises in semiconductor design, it will gain access to expertise in custom-chip designing. It will also automatically bring in new clients and get a chance to negotiate with original equipment manufacturers in the semiconductor segment. “HDL Design House is a leader in silicon innovation. It will strengthen our team and presence in Eastern Europe to further meet global demand for the latest generation of high-performance and ‘intelligent’ products, said William Roze, CEO of Capgemini.
“Capgemini’s Strategic Acquisition of HDL Design House Accelerates Global Silicon Engineering and Reinforces Eastern European Footprint, Enhancing Company’s Generative AI Ventures
"Capgemini's Strategic Acquisition of HDL Design House Accelerates Global Silicon Engineering and Reinforces Eastern European Footprint, Enhancing Company's Generative AI Ventures
["Mergers and Acquisitions"]
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["AI", "generative AI", "RAG", "R", "Go", "GAN", "innovation", "llm_models:Gemini", "cloud_platforms:Google Cloud", "programming_languages:R"]
As a financial journalist, Pranav covers various beats from Technology, Telecom and Companies. He follows the money trail, and dives deep into how companies utilize their funds. He loves to travel and is an aviation geek.