| The company is buying intellectual property in Application Specific Integrated Circuit (ASIC) design and validation space, active customer contracts and business pipeline along with a sales head and trademarks including other capital assets like hardware and software, Patni informed the BSE. |
| ZAiQ would provide ASIC capabilities for Patni's PES business unit. Patni aims to benefit from ZAiQ's technical capabilities and would get access to ZAiQ's intellectual property for verification and validation. |
| ZAiQ Technologies is a principal provider of outsourced design services and software products to companies that develop complex, high-performance systems and integrated circuits. |
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