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.”
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, driven by 13,000+ extraordinary employees who make the impossible possible every day. Quest Global brings deep industry knowledge and digital expertise to deliver E2E 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 Semiconductor industries.
Anubhuti Agarwal: Anubhuti.Agarwal@quest-global.com