IT Giant Accenture Acquires Teamexpat By CIOTechOutlook Team

IT Giant Accenture Acquires Teamexpat

CIOTechOutlook Team | Friday, 24 May 2024, 02:22 IST

Accenture, a leading technology firm, acquired Teamexpat, an embedded software expert for complicated high-tech products and systems based in Eindhoven, Netherlands.

Teamexpat specializes in software development, testing, and integration for lithography equipment in the semiconductor industry. These devices use ultraviolet light to print precise patterns on semiconductor materials, which determine microchip performance.

Teamexpat's software expertise will join Accenture's digital engineering team in the Netherlands. Their embedded software engineering skills will help Accenture improve its smart, connected product capabilities for clients in the semiconductor and discrete manufacturing industries. Teamexpat was created in 2014.

“Software is redefining products across the semiconductor, high tech, aerospace & defense, automotive, industrial equipment and medical technology industries,” said Frank Rennings, who leads Accenture’s digital engineering and manufacturing service, Industry X, in the Netherlands. “We’re witnessing a shift from mechanical engineering first to software engineering first. Teamexpat’s highly sought-after capabilities will allow us to help our Dutch and European clients in these sectors reinvent their businesses with smart, connected products and services.”

“It is a unique time for the high tech industry as €43 billion of government incentives are dedicated to funding semiconductor innovation in Europe, driven by the growing need for advanced chips,” said Guido D’hert, Accenture’s High Tech industry lead in Europe. “Teamexpat’s experts will bring valuable embedded software expertise to our clients looking to innovate in the fields of embedded systems and complex mechatronics.”