PR98608

BENGALURU, India, Nov. 3, 2022 /PRNewswire=KYODO JBN/-

- Transaction scales Quest Global's global operations and bolsters its

semi-conductor capabilities

    Quest Global, one of the world's fastest growing engineering services

firms, today announced the acquisition of Adept, a product design house with

robust capabilities in the semi-conductor, automotive, and hi-tech verticals.

This transaction accelerates Quest Global's growth by scaling its operations

and advancing its capabilities to provide innovative and digital solutions to

its customers around the globe.

    With locations in Bengaluru, Hyderabad and Vizag and clients across India,

China and the United States, the acquisition of Adept expands Quest Global's

footprint in India and strengthens its global presence. In particular, the

company brings strong capabilities that will enable Quest Global to add

significant capacity to its semi-conductor offerings. This allows Quest Global

to provide its customers with deeper digital engineering expertise, greater

choice and expanded services from additional semi-conductor capabilities,

enhanced embedded services and new capabilities in prototyping, ADAS, Vehicle

Connectivity, Integrated Cockpit, and AUTOSAR toolkits – all of which will put

Quest Global in an even better position to deliver superior end-to-end global

product engineering services to its customers around the world.

    "At Quest Global, we strive to be the most trusted partner for the world's

hardest engineering problems – and today's news moves us one step further on

that journey," said Ajit Prabhu, Chairman & CEO, Quest Global. "We are pleased

to welcome Adept to the Quest Global family. Spending quality time with

founders, Gopal Koreme and Madan Lolugu, we recognized how great the cultural

fit was right out of the gate, and that alignment became the foundation of this

agreement. Together, we will accelerate digital engineering capabilities to

service the fast-growing semiconductor industry."

    "This is an exciting moment for Adept. As part of the Quest Global family,

we now have a tremendous opportunity to leverage our unique capabilities to

help solve the world's hardest engineering problems for customers and

communities around the world," said Gopal Koreme, Co-Founder & CEO, Adept. "We

have a shared vision for growth for our customers and for our people that will

enable us to build on the success of our organizations to become the most

trusted partner in the semiconductor industry."

    "We are thrilled to join the Quest Global family and become part of the

best growth story in engineering services," said Madan Lolugu, Co-Founder &

Director, Adept. "With their support and resources, Adept looks forward to

doubling down on our efforts to provide world class chip design and embedded

services."

    About Adept

    Adept is a product design house, providing world class chip design and

embedded services.  Headquartered in Bengaluru, Adept has research and

development offices in Hyderabad and Vizag, India and a global presence with

clients across India, the United States and China. Founded in 2011, Adept is a

full service IC design firm that specializes in team augmentation, turnkey

solutions for end-to-end chip design, and product lifecycle management. A

flexible and reliable partner with more than 480 talented engineers, Adept

brings a wealth of technical capabilities scalable to multinational

corporations. As of September 2022, Adept is now part of the Quest

Global[https://www.quest-global.com/] family.

    About Quest Global

    We are Quest Global. We're in the business of engineering, but what we're

really building is a brighter future. It's not just what we do, but why we do

it that makes us different. We believe engineering has the unique opportunity

to solve the problems of today that stand in the way of tomorrow. For 25 years,

we have strived to be the most trusted partner for the world's hardest

engineering problems. As a global organization headquartered in Singapore, we

live and work in 17 countries, with 56 global delivery centers & offices,

driven by 14,000+ extraordinary employees who make the impossible possible

every day.

    Quest Global brings deep industry knowledge and digital expertise to

deliver end-to-end global product engineering services.  We bring together

technologies and industries alongside the contributions of diverse individuals

and their areas of expertise to solve problems better, faster. This

multi-dimensional approach enables us to solve the most important and

large-scale challenges across the Aerospace & Defense, Automotive, Energy,

Hi-Tech, Healthcare, Medical Devices, Rail and Semi-conductor industries.  Read

more[https://www.quest-global.com/corporate/leadership/].

    For More Information:

    Anubhuti Agarwal,

    Anubhuti.Agarwal@quest-global.com

    Logo: https://mma.prnewswire.com/media/1830310/Quest_Global_Logo.jpg

    Source: Quest Global