Acquisition strengthens QuEST in service offering, and vertical diversification
QuEST Global a world leader in diversified engineering solutions has announced the acquisition of NeST Software. This acquisition is a significant move for QuEST Global in its diversification strategy for 2020.
This acquisition will
Founded in April 1995, NeST Software is a premier engineering software services company servicing Fortune 500 clients across US, Japan, Europe and India. With more than 1900 employees NeST Software, like QuEST, has vast experience in establishing and operating dedicated off shore development centers for global MNCs. The company currently offers product engineering, value engineering and sustenance services across research, development, validation, and in service stages of product life cycle.
NeST Group Founder and Chairman Dr Javad Hassan says, “When NeST Group was planning to divest, we were looking for a potential consolidator who has a proven track record, market reputation, and engineering focus just as NeST. QuEST was the best fit. Together QuEST and NeST Software have significant growth opportunities. I wish both the QuEST and NeST teams continued success.”
“I am delighted with the acquisition of NeST Software by QuEST Global. The integration of two companies brings great opportunities for our customers and employees. Our expertise in engineering software and embedded systems complements QuEST’s capability. Both NeST and QuEST customers will greatly benefit from our combined capability,” adds NeST Software President, S Narayanan.
Commenting on the acquisition CEO Ajit Prabhu, QuEST Global said, “To emerge as the most trusted and long term engineering solutions providers for our customers, we are constantly on the lookout for assets with outstanding engineering capability. NeST Software has talented and experienced engineering software and embedded system engineers across various verticals. By integrating our talented engineering teams worldwide, we will be able to emerge as a top preferred engineering partner for our customers.”
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, 55 global delivery centers and 11,450+ 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.
Kapil Singhal: email@example.com
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