Cambridge Consultants buys West Coast developer
Cambridge Consultants is acquiring US company Synapse in a move that it claims will create one of the largest product development companies, with significant presence on both coasts of the US. The acquisition is said to fit parent company Altran’s strategic plan under which Cambridge Consultants will double its scale and improve its presence in the US and Asia.
Cambridge Consultants’ CEO Alan Richardson, pictured, said: “When we first met with colleagues at Synapse we realised that we shared the same vision of the future. Synapse has a heritage in developing technology-driven consumer products and strengthens our reach, both geographically and in this key market segment.
“This deal is great news for both firms, but even better news for clients who now have access to the enhanced capabilities of the joined organisations.”
Synapse is said to specialise in solving complex engineering challenges and developing products that accelerate advances in technology. It has recently delivered projects for clients such as Nike, Microsoft and Samsung.
Redwood Stephens, Synapse’s president, said: “We have the same ambitions to tackle the most challenging product development projects and to create a work environment that promotes lifelong learning at all levels in the organisation. Together, the two firms will offer an exciting place to work that has even more growth opportunities for our talented employees.”
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