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QuEST Global Services (QuEST Global) has acquired Exilant Technologies to bolster capabilities in a converging world and enter new markets.
Exilant Technologies is a technology provider based out of Bengaluru. Founded in 2004, Exilant has over 900 employees worldwide with facilities in Singapore, London and the Silicon Valley in the US. Exilant provides software products and services for product engineering services, mobility and social media applications, business intelligence and analytics, and cloud-based services.
The acquisition, a significant move for QuEST Global’s 2020 diversification strategy, will strengthen QuEST Global’s advanced technology capabilities, and expand its footprint into the hi-tech industry.
Exilant is QuEST’s fourth acquisition this financial year after the acquisition of Detech Fahrzeugentwicklung GmbH, IT Six Global and Mobiliya Technologies headquartered in Germany, Romania and Singapore, respectively. Each acquisition has added high value skills and focus to create one of the broadest portfolio offerings of any engineering services company.
Sreenath Murthy, CEO of Exilant, said, “Exilant’s capabilities in developing new solutions, and rapid adoption of next generation technologies, combined with QuEST’s expertise in the industrial and mechanical world will help us enable our mutual customers to adopt advanced technologies and win in their respective markets.”
Ajit Prabhu, Chairman and CEO, QuEST Global, said, “QuEST is a leader in the industrial and mechanical world. We will continue to extend our position into adjacent vertical markets, and help all our customers embrace and integrate new technologies to lead their industries. Our acquisition of Exilant Technologies is strategic as QuEST broadens our customer base and expertise to meet our customers’ needs in rapidly changing markets.”
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