SINGAPORE,
May 7,
2024 /PRNewswire/ -- Quest Global, a leading global
product engineering services company headquartered in Singapore, is pleased to announce it has
acquired a majority stake in People Tech Group, a renowned leader
in next-generation digital transformation and digital innovation
for Fortune 500 clients. This partnership marks a significant
milestone in Quest Global's growth journey, significantly expanding
its footprint in North America
within the Automotive and Hi-Tech industries.
This strategic partnership enables Quest Global
to better serve customers, especially OEMs in the Automotive
industry, by providing expanded expertise in digital
transformation for Software Defined Vehicles (SDV). Specifically,
People Tech has strong capabilities in architecture, design, UX,
development and testing of HMI & applications for infotainment
systems and instrument clusters. In addition, the company
specializes in Software in Loop (SIL) and Model in Loop (MIL)
testing of ADAS systems. People Tech also strengthens Quest
Global's capabilities in enterprise software, cloud, data
engineering, and analytics for the dynamic Hi-Tech
industry.
"With People Tech's extensive experience and
expertise, we are well-positioned to accelerate growth, scale
operations, and address the evolving needs of our clients globally
as we strive to be the most trusted partner for the world's hardest
engineering problems," said Ajit
Prabhu, Chairman & CEO, Quest Global. "This
strategic union moves us forward on our journey to deliver
innovative digital transformation and product engineering solutions
to our customers in the Automotive and Hi-Tech industries as we
continue on our journey to become a centenary
organization."
Together, People Tech and Quest Global will
leverage new and complementary capabilities, expand offerings to
existing clients, and serve new clients with innovative digital
transformation and product engineering solutions. With access to
Quest Global's resources, expertise and client reach, People Tech
will continue to expand its operations and capabilities.
"This marks a new chapter for People Tech, and we
are thrilled to become part of the Quest Global family," said
Vishwa Prasad, Founder and CEO of
People Tech. "Our shared values and commitment to excellence
make this integration a natural fit. We are both known for helping
our customers solve their most challenging problems. With this
transaction, we will be able to bring our Data/AI and Enterprise
Software services to a broader client base and leverage the
substantial industry expertise of Quest Global resources."
Under the continued leadership of Vishwa Prasad and his outstanding team, People
Tech will maintain its commitment to excellence and customer
satisfaction.
About Quest Global
Founded in 1997, Quest Global is one of the
world's leading engineering research and development (ER&D)
services companies. Quest Global believes engineering has the
unique opportunity to solve the problems of today that stand in the
way of tomorrow. For more than 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, the team at Quest Global live and
work in 17 countries, with 72 global delivery centers and offices,
driven by 17,800+ extraordinary people who make the impossible
possible every day. Quest Global delivers world-class end-to-end
engineering solutions by leveraging our deep industry knowledge and
digital expertise. By bringing together technologies and
industries, alongside the contributions of diverse individuals and
their areas of expertise, we are able to solve problems better,
faster. This multi-dimensional approach enables us to solve the
most critical and large-scale challenges across the Aerospace &
Defense, Automotive, Communications, Energy, Hi-Tech, MedTech &
Healthcare, Rail and Semiconductor industries.
About People Tech Group
People Tech Group is a leading Product
Engineering, Data/AI and Enterprise Solutions provider that focuses
on providing innovative digital solutions to customers, helping
them solve their most challenging problems. With offices located
across the US and a development center in Hyderabad, India, People Tech assists Fortune
500 clients in accelerating digital initiatives. People Tech works
closely with its customers to understand business challenges and
develop tailored solutions to help them succeed. People Tech is
dedicated to providing exceptional service and support. As of
April 2024, People Tech is now part
of the Quest Global family.
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