Industry Intelligence Mergers and Acquisitions

Deloitte Acquires Optimal Design

Acquisition expands software and product engineering services portfolio Deloitte has announced that it has acquired substantially all of the assets…

| June 01, 2023

Acquisition expands software and product engineering services portfolio

Deloitte has announced that it has acquired substantially all of the assets of Optimal Design Co., a leading product engineering services (PES) company specializing in the innovation and development of smart connected products and internet of things (IoT) devices. Together, Optimal Design's multi-disciplinary PES talent and Deloitte's leading-edge capabilities will help clients unlock innovation and achieve their digital transformation goals.

Deloitte's acquisition of Optimal Design's business adds to the organization's extensive and growing engineering capabilities, including a broad skill set that enables opportunity for clients across the innovation spectrum — from product ideation to physical prototype development. The addition of Optimal Design's business follows several strategic global acquisitions, underscoring Deloitte's commitment to the product engineering industry. Building on its 2022 acquisition of substantially all the assets of Dextra Technologies — as well as its 2020 acquisition of HashedIn Technologies, a cloud native software engineering and product development firm, Deloitte is firmly positioned as an end-to-end leader in PES.

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