QuEST Global Acquires Synapse Design

Synopsys Acquires Ansys

January 16, 2024

Software

Synopsys has acquired Ansys in a cash-and-stock transaction valued at about $35 billion, combining Synopsys' electronic design automation (EDA) and IP capabilities with Ansys' simulation and analysis portfolio to create an integrated "silicon-to-systems" engineering leader. The deal, announced January 16, 2024 and completed July 17, 2025, positions the combined company to deliver integrated multiphysics and EDA solutions across semiconductors, automotive, aerospace and other industries.

Accenture Acquires XtremeEDA to Expand Silicon Design and Edge Capabilities

June 27, 2022

Engineering Services

Accenture has completed the acquisition of XtremeEDA, an Ottawa-based silicon design services firm, adding roughly 40 engineers to bolster Accenture Cloud First's silicon and edge computing capabilities in North America. Financial terms were not disclosed; the deal aims to expand Accenture's specialized semiconductor engineering, verification and hardware security capabilities for clients in consumer devices, cloud/datacenter and AI/ML platforms.

Cadence Design Systems Acquires Invecas

January 8, 2024

Engineering Services

Cadence Design Systems has acquired Invecas, a design engineering and embedded software firm headquartered in Santa Clara, California, to strengthen Cadence's system design engineering capabilities across chip design, advanced packaging and embedded software. The acquisition brings an engineering team centered in Hyderabad and is expected to be immaterial to Cadence's revenue; terms were not disclosed.

Qualitest Acquires Hyderabad-Based ZenQ

August 9, 2022

IT Services

Qualitest has acquired ZenQ Pvt. Ltd., a Hyderabad-based software testing and quality engineering firm, adding 600+ quality engineers and expanding Qualitest's NextGen capabilities in Phygital, Analytics, Blockchain, and DevOps. The deal extends Qualitest's footprint in India and deepens its quality engineering capacity to better serve clients across healthcare, BFSI, education and retail.

QuantiTech Acquires Systems Engineering Group from Griffon Corporation

January 4, 2021

Aerospace & Defense

QuantiTech LLC, a portfolio company of Sagewind Capital, has acquired Systems Engineering Group, Inc. (SEG) from Griffon Corporation. The acquisition strengthens QuantiTech's threat engineering, modeling & simulation, and missile defense capabilities to better serve U.S. government customers in missile defense, hypersonics and intelligence markets.

Quest Global / Quest Defense Acquires EXB Solutions

September 1, 2022

Engineering Services

Quest Global has acquired EXB Solutions and integrated it into its U.S. subsidiary Quest Defense Systems & Solutions. The acquisition expands Quest Defense's systems and software engineering capabilities for mission- and safety-critical applications across the aerospace, defense and medical devices markets.