Sasken Technologies
{{Short description|Indian multinational technology company}}
{{Use Indian English|date=November 2019}}
{{Use dmy dates|date=November 2019}}
{{Infobox company
| name = Sasken Technologies Ltd
| logo = File:Sasken Logo.svg
| logo_size = 150px
| image = Sasken's Bengaluru Headquarters in 2018.jpg
| image_size = 250px
| image_caption = Sasken's headquarters at Bangalore, India
| former_name = Sasken Communication Technologies Limited
| type = Public
| traded_as = {{Unbulleted list|{{BSE|532663}}|{{NSE|SASKEN}}}}
| ISIN = {{ISIN|sl=n|pl=y|INE231F01020}}
| founded = {{Start date and age|1989}}
| hq_location = 139/25, Ring Road, Domlur
| hq_location_city = Bangalore, Karnataka
| hq_location_country = India
| area_served = Worldwide
| key_people = {{plainlist|
- Rajiv C. Mody
(CEO) - Rajiv C Mody
(chairman & MD) - Neeta Revankar
(wholetime director & CFO) - Venkatesh G
(independent director)}}
| industry = {{Unbulleted list|Telecommunications|Technology|Data centers|Product engineering|Semiconductor|Industrials}}
| services = {{plainlist|
- Telecommunications
- Product engineering
- Digital transformation
- Network equipment
- Retail
- Automotive
- Industrials}}
| revenue = {{profit}} {{INR}} 504.31 crores (FY 18–19)
| net_income = {{profit}} {{INR}} 90.42 crores (FY 18–19)
| num_employees = 2000 approx. (as of March 2019)
| homepage = {{URL|https://www.sasken.com}}
}}
Sasken Technologies Limited (formerly Sasken Communication Technologies Limited) is an Indian multinational technology company, based in Bangalore, India, which provides product engineering and digital transformation services to global customers in industries such as semiconductors, automotive, consumer electronics, enterprise grade devices, Smart devices and wearables, industrials, and telecommunication.
Origin
Sasken began as the brainchild of Rajiv C Mody, its chairman & MD, and three other co-founders: Krishna Jhaveri, Suresh Dholakia, and Badruddin Agarwala. Sasken came into being as Silicon Automation Systems in 1989 in a small warehouse in Fremont, California. Later, the company changed its name to Sasken Communication Technologies Limited. The name 'Sasken' is an portmanteau of its original name (SAS) and 'ken', the Scottish word for knowledge.
In February 2017, Sasken announced that it had changed its name to Sasken Technologies Limited to serve customers in businesses ranging from automotive, enterprise grade devices, smart devices and wearables, industrials, and satellite communication.{{Cite web|title=Sasken Communication Technologies Limited announces corporate name change to Sasken Technologies Limited to reflect its broad range of services|url=https://www.thehindubusinessline.com/companies/announcements/others/sasken-communication-technologies-limited-announces-corporate-name-change-to-sasken-technologies-limited-to-reflect-its-broad-range-of-services/article21899145.ece|access-date=2021-04-14|website=@businessline|language=en}} In January 2018, Sasken [https://www.sasken.com/news/press-releases/sasken-unveils-new-logo-reflect-its-30-year-old-heritage unveiled a new logo] to reflect its 30-year-old heritage.{{Cite web |date=2018-01-25 |title=Sasken unveils new logo to reflect its 30-year-old heritage |url=https://www.dqchannels.com/sasken-unveils-new-logo-reflect-30-year-old-heritage/ |access-date=2023-08-06 |website=-DQChannels |language=en-US}}
Sasken employs 2000+ people, operating from development centers in Bengaluru, Pune, Chennai, Kolkata, Ahmedabad (Sasken Silicon), and Hyderabad (India), Kaustinen and Tampere (Finland), Detroit (USA), and Beijing and Shanghai (China). Sasken also has a presence across Germany, Japan, UK, and USA.
In July 2022, Sasken announced that Abhijit Kabra was appointed as the CEO.{{Cite web |date=2022-07-20 |title=Sasken appoints Abhijit Kabra as its chief executive officer |url=https://equitybulls.com/category.php?id=316737 |access-date=2022-07-21 |website=EquityBulls}}
In June 2024, Sasken's Board designated Rajiv C. Mody as Chief Executive Officer of the Company in addition to his current position as Chairman and Managing Director.{{cite web |title=CMD Rajiv C. Mody Appointed CEO of Sasken Technologies |url=https://boardstewardship.com/cmd-rajiv-c-mody-appointed-ceo-of-sasken-technologies/ |website=Board Stewardship}}
Subsidiaries
Sasken Network Engineering Limited (SNEL), a wholly owned subsidiary of Sasken, was created when the company acquired the operations of Blue Broadband Technologies.{{Cite news|date=2005-02-19|title=Sasken acquires firm to foray into telecom network management|work=Business Standard India|url=https://www.business-standard.com/article/technology/sasken-acquires-firm-to-foray-into-telecom-network-management-105021901049_1.html|access-date=2021-04-14}}
- Sasken acquired iSoftTech Private Limited, Chennai in June 2006.{{Cite news|title=Sasken acquires iSoftTech for $1.5m|work=The Economic Times|url=https://economictimes.indiatimes.com/articleshow/1479902.cms|access-date=2021-04-14}}
In September 2006, Sasken acquired the Finnish company Botnia Hightech Oy, now known as Sasken Finland Oy.{{Cite news|title=Sasken acquires Finland-based co in all cash deal|work=The Economic Times|url=https://economictimes.indiatimes.com/industry/telecom/sasken-acquires-finland-based-co-in-all-cash-deal/articleshow/1812910.cms|access-date=2021-04-14}}
On 24 January 07 Sasken entered into a joint venture with Tata Autocomp. The JV will be known as TACO Sasken Automotive Electronics Pvt Ltd (TSAE).{{Cite news|last=Reporter|first=B. S.|date=2007-01-26|title=Sasken enters into JV with Tata AutoComp|work=Business Standard India|url=https://www.business-standard.com/article/companies/sasken-enters-into-jv-with-tata-autocomp-107012601101_1.html|access-date=2021-04-14}}
In April 2025, Sasken acquired BORQS International Holding Corp, a global provider of embedded software and products for the Internet of Things (IoT). This acquisition significantly enhances Sasken's portfolio of services in the area of designing and developing connected devices for various verticals - from concept to commercialization.{{cite web |title=Sasken Technologies Completes Acquisition of Borqs Technologies |url=https://www.autocarpro.in/news/sasken-technologies-completes-acquisition-of-borqs-technologies-125891}}
References
{{Reflist}}
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Category:Software companies of India
Category:Companies based in Bengaluru
Category:Indian companies established in 1989
Category:Software companies established in 1989
Category:1989 establishments in Karnataka
Category:Companies listed on the National Stock Exchange of India