Singapore Quest Global Tender

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 QuESTs 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 QuESTs vision to grow its semiconductor business add at least 2000 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 QuESTs 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 worlds 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 hardwaresoftware design solutions targeting Artificial IntelligenceMachine LearningData CenterIoT automotiveautonomous multimedia mobile networking and communicationsstorage 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 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 QuESTs 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.