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November 27, 2015 8:51 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Presto Engineering, Inc.

Company Overview

Presto Engineering, Inc. provides semiconductor product engineering and production solutions to integrated device manufacturers, fables, and electronics companies. It offers radio-frequency and mixed-signal solutions; and manufacturing, fab/assembly and test, consulting/audit, and training solutions. The company also provides engineering services, such as testing, electrostatic discharge testing, qualification/reliability, failure analysis, and high-definition multimedia interface/HDCP compliancy testing services. In addition, the company offers custom hardware solutions, such as test solutions that include test program (software) development, as well as hardware interface; reliability board...

109 Bonaventura Drive

San Jose, CA 95134

United States

Founded in 2006





Key Executives for Presto Engineering, Inc.

Founder, Chief Executive Officer and Director
Age: 54
Co-Founder and Vice President of Engineering
Chief Financial Officer
Age: 51
Chief Technology Officer
Vice President of Europe and General Manager of Europe
Compensation as of Fiscal Year 2015.

Presto Engineering, Inc. Key Developments

Presto Engineering, Inc. Expands Engineering, Production, and Supply Chain Services with Opening of New Facility in Europe

Presto Engineering, Inc. announced the opening of its new Meyreuil Provence Hub (MPH) in France. The facility will provide IC's industrialization, and supply chain management services primarily for communications, automotive and internet of things (IoT) markets. It will also offer expertise in micro controller and embedded memory and flash devices and secured components (EAL5+).

INSIDE Secure Announces Completion of its Partnership Agreement with Presto Engineering Inc

INSIDE Secure announced that it has completed its partnership agreement with Presto Engineering Inc. as intended. With this partnership, which had been previously announced on April 15, 2015, INSIDE Secure has transferred its France-based semiconductor operations and its worldwide supply-chain management to Presto Engineering Inc., together with a team of about 40 people. In return, Presto Engineering Inc. will provide semiconductor engineering and supply-chain management services to INSIDE Secure, through a multi-year service agreement. This transfer and services agreement is a key milestone of INSIDE Secure™ strategy to focus its hardware business on chip architecture, design and certification along with its associated marketing and sales. The agreement also marks another step in the transformation of the company into a leader in embedded security, with a focus on offering high value added security solutions tailor-made for customers from a portfolio of over 700 patents and a unique mix of intellectual property components, software and hardware.

INSIDE Secure and Presto Engineering Inc. Enters in to Partnership Agreement

INSIDE Secure and Presto Engineering Inc. announced their intention to enter into a partnership agreement whereby INSIDE Secure would transfer its French-based semiconductor operations activities and its supply-chain management to the company. Once the transaction is completed, the company will provide semiconductor engineering and supply-chain management services to INSIDE Secure through an exclusive multi-year service agreement. This transfer and services agreement positions the hardware offering of INSIDE Secure in line with the group's strategy to focus on chip architecture, design and certification as well as marketing and sales. It marks another step in the transformation of the group's model towards leadership in embedded security, with more focus on high value added customized security, combining a unique product mix of intellectual property components, software and hardware. For the company, this agreement marks an opportunity to reinforce its position and scale in the semiconductor value chain also serving high-end security specialists, while continuing to demonstrate its commitment to be a leading provider of comprehensive semiconductor test & turn-key solutions and the world leader in advanced RF & Analog testing technologies, engineering, and back-end infrastructure. The company has already performed such inorganic growth in the past including with the acquisition of some of the NXP Semiconductors and Cypress Semiconductors operations activities. The execution of the agreement is intended to take place upon completion of an "information and consultation" process with INSIDE Secure's works councils in France and is subject to customary signing and closing conditions.

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