Quest Global has acquired Adept, a semiconductor design services firm, to enhance its capabilities in a rapidly growing industry.
Information on the Target
Quest Global is pleased to announce its successful acquisition of Adept, a prominent semiconductor design services company founded in 2011 by Gopal Koreme and Madan Lolugu. Adept operates from multiple locations, including Bangalore, Hyderabad, and Vizag, employing over 480 skilled professionals. Over the past 11 years, Adept has established a strong clientele and collaborates with leading Semiconductor OEMs in India, China, and the United States.
This acquisition marks a strategic move for Quest Global as it aims to enhance its capabilities in the rapidly evolving Semiconductor design services sector, which has experienced significant growth in recent years.
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Industry Overview in the Target’s Specific Country
The semiconductor industry in India is experiencing unprecedented growth, driven by rising demand for electronic products and technological advancements. With the increasing pus
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Quest Global
invested in
Adept
in 2022
in a Merger deal