QuEST Global, a global product engineering and lifecycle services company, has acquired Synapse Design, a Silicon Valley headquartered design and engineering services provider to top-tier semiconductor and systems companies worldwide.
This addition will enhance QuEST’s capability in providing comprehensive design and consulting services and software development for the semiconductor industry.
This acquisition will enable QuEST’s vision to grow its semiconductor business, add at least 2,000 engineers in the next four years while enhancing their ability to leverage the convergence of electronics, software, and digital engineering services.
This will also support QuEST to provide innovative, digital solutions to its customers, help improve their operational efficiency and solve the complex challenges in terms of cost and quality of products.
With its strong customer portfolio and domain capabilities in the semiconductor industry, Synapse Design is QuEST’s 14th acquisition in the last two decades.
Each acquisition has added differentiated skills and enabled the company to create one of the broadest portfolio offerings of any engineering services company, enabling them to create the frontier by advancing the ways people live, work and engage with each other.
Founded in 2003 by Satish Bagalkotkar and Devesh Gautam, It has its design centers in India, China, Japan, Malaysia and Vietnam and employs more than 700 engineers. As a QuEST subsidiary, it will continue to operate under the leadership of Satish Bagalkotkar and Devesh Gautam.
Welcoming Synapse to the QuEST Global family, Ajit Prabhu, Chairman & CEO, QuEST Global said: “We are constantly looking for outstanding talent and capability that can help us provide innovative engineering services and solutions across our customer base. The acquisition of Synapse Design will enable us to provide comprehensive design services, consulting, and software development services to our semiconductor customers.”
“We strongly believe that the investments we are making in enhancing our engineering capabilities will help customers solve complex engineering challenges in their respective industries. As their trusted thinking partner, we are committed to providing end-to-end engineering solutions that will help redefine their engineering strategy from a long-term perspective.” He said.
Sharing his excitement, Satish Bagalkotkar, President, CEO, and Co-Founder, Synapse Design said: “We are excited to be part of the QuEST family as the combination of both companies brings great opportunities for our stakeholders, including customers, partners, and employees. This acquisition will combine our capabilities in providing design and consulting services with QuEST’s capabilities in providing embedded & software services and expertise in the convergence of electronics, software, and digital engineering innovations. This combination will help us to deliver world-class engineering services and solutions to customers across various industries.”