Virtusa Expands Semiconductor Services with SmartSoC Acquisition for Chip to Cloud Solutions

Virtusa Expands Semiconductor Services with SmartSoC Acquisition

In a significant strategic move, Virtusa Corporation has announced the acquisition of SmartSoC Solutions, a key player in semiconductor engineering and integrated circuit design services. This acquisition marks a transformative shift for Virtusa, expanding its offerings to encompass the high-growth semiconductor sector and establishing a full-stack service capability that spans from foundational chip design to cloud and application layers.

Expanding Industry Footprint

The demand for advanced silicon is surging, driven by the rapid development of smarter devices and the exponential growth in spending on data centers and AI infrastructure. As organizations pivot towards generative AI and edge computing, the need for efficient and cutting-edge chip design has never been more critical. With SmartSoC's expertise in silicon design, verification, and embedded systems engineering, Virtusa is well-positioned to leverage this growing market.

Nitesh Banga, CEO of Virtusa, commented on the acquisition, stating, "The acquisition of SmartSoC is transformational for Virtusa. It establishes us as a vital entity in the semiconductor engineering space, aligning with our vision for a comprehensive offering that serves clients from silicon up to customer applications. As AI becomes more complex and global data center investments grow, in-house chip design capabilities are essential. This move diversifies our industry presence and positions us at the forefront of innovation."

Scott Houghton, CEO of SmartSoC Solutions, echoed this sentiment, highlighting the synergy between the two companies. He said, "With Virtusa's capabilities in the cloud and application layer, we can offer chip-to-cloud solutions that enable quicker market entry for our customers. Combining our semiconductor expertise with Virtusa’s vast global reach allows us to scale our operations rapidly and deliver impactful solutions to clients. Together, we are poised to meet the increasing demand in the semiconductor and technology sectors with unprecedented speed and technical excellence."

Strengthening Global Delivery and Talent Pool

The acquisition not only enhances Virtusa's technological capabilities but also strengthens its global delivery structure. With a notable presence in India, SmartSoC’s delivery network—including a tier 2 facility in Hubli—will enrich Virtusa's talent pool, bringing over 1,400 skilled engineers specializing in VLSI design, physical design, and embedded software. This aligns with Virtusa's strategy to diversify its talent across high-potential regions and provide high-quality, cost-effective engineering services globally.

SmartSoC Solutions, renowned for its turnkey project execution and custom ASIC development, enables clients to navigate the complexities of semiconductor design and accelerate their time to market. With five design centers and over 400 engagements across multiple locations, the company has solidified its reputation as one of India’s fastest-growing Engineering Service firms.

A Future of Innovation

As the semiconductor market continues to evolve, Virtusa’s strategic acquisition of SmartSoC Solutions places it at the epicenter of technological advancement, empowering it to serve clients more effectively. This move is not only a testament to Virtusa's commitment to innovation but also its preparedness to face the challenges of a rapidly changing technological landscape.

In summary, Virtusa's acquisition of SmartSoC signifies a bold step into the semiconductor domain, equipping the company with the necessary tools to support clients' needs across the entire technology ecosystem, from chip design to deployment in the cloud. With increased global resources and enhanced capabilities, Virtusa is set to lead in the semiconductor engineering field for years to come.