DENTRESSANGLE to acquire Presto Engineering from VERTO.

DENTRESSANGLE, an investment holding company, agreed to acquire Presto Engineering, a company specializing in designing and producing application-specific integrated circuits, from Verto. Financial terms were not disclosed. “Presto, with the support of Verto, has become a well-known player in the ASIC market. I’m now delighted to begin a new chapter with DENTRESSANGLE Capital, an investor known for its ability to work alongside entrepreneurs to help businesses grow. This will allow us to speed up Presto’s growth so that we can confirm our position as Europe’s leading one-stop-shop in the ASICs market. We are committed to this ambition backed by our design expertise and our industrialisation and component production know-how to help our OEM customers innovate," Cedric Mayor, Presto Engineering CEO.