Acquisition strengthens Quest Global 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 Global, 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 Global was the best fit. Together Quest Global and NeST Software have significant growth opportunities. I wish both the Quest Global 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 Global’s capability. Both NeST and Quest Global 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
At Quest Global, it's not just what we do but how and why we do it that makes us different. We're in the business of engineering, but what we are really creating is a brighter future. For over 25 years, we've been solving the world's most complex engineering problems. Operating in over 20 countries, with over 85 global delivery centers, our 21,000+ curious minds embrace the power of doing things differently to make the impossible possible. Using a multi-dimensional approach, combining technology, industry expertise, and diverse talents, we tackle critical challenges faster and more effectively. And we do it across the Aerospace & Defense, Automotive, Energy, Hi-Tech, MedTech & Healthcare, Rail and Semiconductor industries. For world-class end-to-end engineering solutions, we are your trusted partner.
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