Bengaluru, 7th May 2024 – Quest Global, a leading global product engineering services company, 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. With offices located across the US and a development center in Hyderabad, the acquisition of People Tech marks a significant milestone in Quest Global’s growth journey, significantly expanding its footprint in India and 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.”