Virtusa acquires Bengaluru-based SmartSoC to build semiconductor capabilities

Product and platform engineering services company Virtusa Corporation has announced the acquisition of Bengaluru-based SmartSoC Solutions. SmartSoC specialises in chip engineering and integrated circuit (IC) design services, and with this acquisition, Virtusa aims to expand its industry portfolio to include the semiconductor sector. The company did not reveal the deal value. 

With SmartSoC, Virtusa will be completing its full-stack, end-to-end service capabilities, spanning the digital technology ecosystem from the chip to the network, cloud, and application layer. The acquisition also establishes Virtusa’s semiconductor engineering footprint in India and strengthens its global delivery capabilities by integrating SmartSoC’s engineering presence across Bengaluru, Hubli, and Hyderabad, including a significant tier-2 delivery centre in Hubli. Additionally, the move brings more than 1,400 highly skilled engineers with depth in VLSI, physical design, and embedded software.

“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. As AI models become more complex and data centre investment surges globally, having in-house chip design capabilities is crucial,” said Nitesh Banga, Chief Executive Officer of Virtusa.

The existing leadership team, led by Chief Executive Officer Bharath Desareddy, will remain unchanged and continue to oversee all delivery programs and client engagements. All current project structures, contractual commitments, and service agreements will continue as they are, the company said in a statement.

“Virtusa’s global scale, deep relationships with Fortune 100 clients, and digital engineering heritage will allow us to accelerate our growth, expand our service offerings, and immediately bring significant value to the world’s leading semiconductor and technology companies,” said Desareddy.