Sasken Technologies Limited — Important, 08-04-2025: General Updates

Sasken Technologies Limited has completed the acquisition of 100% of BORQS International Holding Corp., along with its wholly owned subsidiaries, for a total consideration of up to approximately Rs. 338 crores (US$ 40 million). This acquisition will enable Sasken to enhance its capabilities in designing, developing, and commercializing connected devices, thus supporting its clients throughout various phases including concept ideation, software development, and supply chain management. The acquired entity has a solid presence in the IoT solutions market, with a history of providing comprehensive end-to-end services for product development. The acquisition positions Sasken for potential growth in the evolving technology landscape and underscores its commitment to expanding its service offerings.