March 22, 2010 -- Rapid Bridge announced today that it has made an asset purchase of QuantumThink Group, Inc., a San Diego-based, privately-held IC design services company with offices in San Jose and Bangalore, India. The acquisition will enable Rapid Bridge to offer its clients full front-to-back IC design services. The acquisition of QThink will let Rapid Bridge provide a more robust suite of solutions to its customers.

"The QThink acquisition is entirely complementary to Rapid Bridge’s business strategy," said Massih Tayebi, CEO of Rapid Bridge. "The design services business is synergistic with our other product lines and will allow us to partner more closely with our customers. QThink has an excellent track record, a very talented engineering team, and direct access to top tier customers in our industry, from which we can expand our value-add as we continue to focus on leading-edge technologies."