MASSACHUSETTS, UNITED STATES – Global engineering services firm Virtusa has announced its acquisition of SmartSoC Solutions, a semiconductor engineering and integrated circuit design services provider.
The acquisition of SmartSoC is transformational for Virtusa. 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.
— Nitesh Banga, CEO of Virtusa
What Drives This Move
The fast-growing demand for end-to-end semiconductor expertise has prompted Virtusa to acquire SmartSoC Solutions, which will help fill critical gaps at the silicon level and add comprehensive chip design and verification capabilities to its portfolio.
The company also looks forward to the 1,400 engineers SmartSoC Solutions will bring. Not only will Virtusa be able to augment its talent pool, but it will also stabilize the chip-to-cloud solutions it plans to offer to help its customers market faster.
By combining our deep semiconductor expertise with Virtusa’s global reach and strong enterprise relationships, we can scale faster, broaden our capabilities, and deliver greater impact to our clients. Together, we are positioned to support the rapidly growing demand across the semiconductor and technology landscape with greater speed, depth, and technical excellence.
— Scott Houghton, CEO – North America and CBO of SmartSoC Solutions
