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Author: Admin | 2025-04-27
Interview: Ian Lankshear, EnSilicaThe current owner Verto of Presto Engineering is an asset management company that manages growth equity funds specializing in the technology and healthcare sectors in France and Benelux. The value of the acquisition has not been disclosed.“This transaction represents the culmination of the growth and diversification strategy that Presto has been pursuing for more than five years. Under the leadership of its founder Michel Villemain and CEO Cédric Mayor, the company has undergone a major transformation from a recognized player in ASICs testing to a European leader in designing and industrializing ASICs, and has significantly grown its customer base since 2018,” said Thomas Fort and Alexis Kemlin, Partners of Verto.An integrated model maximizes large-scale production via in-house industrialization and testing capabilities and the company has a network of leading partners across the whole value chain, including silicon wafer foundries and OSAT (outsourced semiconductor assembly and test) companies. Presto is a key partner to medium-sized OEMs that want to acquire and develop their own ASICs and has the critical mass to be a high-level partner to all participants in the supply chain.Dentressangle sees the semiconductor shortage and ensuring European sovereignty in this strategic sector as the key for the deal.Presto has production testing at two laboratories in France, one in Denmark and one in Asia as well as handling management of yields and of the various costs of poor quality arising from volume production, quality monitoring and client feedback as well as the management of logistics, particularly export checks, until products are delivered to clientsPresto Engineering; Dentressangle; Verto Growth
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