Quest Global acquires US chip design firm Synapse
BENGALURU: Product engineering services company Quest Global has acquired US-based Synapse Design, a chip design and engineering services provider. The deal value was not disclosed. Synapse counts AMD, Microsoft and Qualcomm among its customers, and employs over 700 people in the US, Europe and India. It had $36 million in revenue in the 2020-21 financial year.
Founded in 2003 by Satish Bagalkotkar and Devesh Gautam, Synapse Design is a specialist in building system-on-chip (SoC) and has built a sizable talent pool in analog/mixed-signal & software design. Synapse will operate as a subsidiary of Quest Global under the leadership of Bagalkotkar and Gautam.