Virtusa completed the acquisition of SmartSoC Solutions.

Virtusa, a global product and platform engineering services company, completed the acquisition of SmartSoC Solutions, a provider of semiconductor engineering and integrated circuit design services. Financial terms were not disclosed. "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 center investment surges globally, having in-house chip design capabilities is crucial. This move not only diversifies our industry presence but ensures we are architecting the future, from the base layer of silicon up, positioning us at the very heart of innovation," Nitesh Banga, Virtusa CEO.