- This acquisition will enable the company's vision to grow its 
semiconductor business and add 2,000 engineers within the next four years

    QuEST Global, a global product engineering and lifecycle services company, 
has acquired Synapse Design [http://www.synapse-da.com/], 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. With this acquisition, 
the company will be able to offer end-to-end hardware-enabled software 
solutions to its customers across various industries, including semiconductor, 
automotive, consumer electronics, networking, and storage systems. Such 
solutions are especially critical now, as these industries accelerate their 
efforts to capitalize on the rise of digital technologies and the 
transformational opportunities arising.

    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, Synapse Design has 
built a strong reputation by providing end-to-end semiconductor design services 
to 95% of the world's top fabless, Original Design Manufacturing (ODM) and 
Integrated Device Manufacturing (IDM) companies. Their services and solutions 
include low-power, mixed-signal Application-Specific Integrated Circuit (ASIC) 
and System-On-Chip (SOC) design services from architecture specifications to 
tape out, including system-level software and embedded firmware development. 
The company creates end-to-end hardware/software design solutions targeting 
Artificial Intelligence/Machine Learning/Data Center/IoT, 
automotive/autonomous, multimedia, mobile, networking, and 
communications/storage applications. 

    Synapse Design 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 
[https://www.quest-global.com/leadership/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."

    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."

    Devesh Gautam, Chief Operating Officer and Co-Founder, Synapse Design said: 
"The acquisition of Synapse Design by QuEST Global is an excellent next step 
for the customers and employees of both companies. Synapse and QuEST share an 
unrelenting passion to provide customers with excellent engineering talent and 
a best-in-class customer service experience. As a global organization, we will 
be able to serve new and larger customers across the globe, add value to 
existing customers and create more high-skilled engineering jobs in the region."

    About QuEST Global

    For more than 20 years, QuEST Global has been a trusted global product 
engineering and lifecycle services partner to many of the world's most 
recognized companies in the Aerospace & Defense, Automotive, Energy, Hi-Tech, 
Medical Devices, Rail and Semiconductor industries. With a presence in 13 
countries, 56 global delivery centers and 11,250+ personnel, QuEST Global is at 
the forefront of the convergence of the mechanical, electronics, software and 
digital engineering innovations to engineer solutions for a safer, cleaner and 
sustainable world. QuEST Global's deep domain knowledge and digital expertise 
help its clients accelerate product development and innovation cycles, create 
alternate revenue streams, enhance consumer experience and make manufacturing 
processes and operations more efficient.

    Source: QuEST Global