Sasken Technologies

Sasken Technologies Ltd
FormerlySasken Communication Technologies Limited
Company typePublic
ISININE231F01020
Industry
Founded1989 (1989)
Headquarters139/25, Ring Road, Domlur, ,
India
Area served
Worldwide
Key people
Services
Revenue 504.31 crores (FY 18–19)
90.42 crores (FY 18–19)
Number of employees
2,000 (March 2019)
Websitewww.sasken.com

Sasken Technologies Limited (formerly Sasken Communication Technologies Limited) is an Indian multinational technology services company, based in Bengaluru.

Origin

Sasken was founded by 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 a portmanteau of its original name (SAS) and 'ken', the Scottish word for knowledge.

Sasken acquired the operations of Blue Broadband Technologies in 2005, creating Sasken Network Engineering Limited (SNEL).[2] Sasken acquired iSoftTech Private Limited, Chennai in June 2006.[3] In September 2006, Sasken acquired the Finnish company Botnia Hightech Oy, now known as Sasken Finland Oy.[4]

On 24 January 2007, Sasken entered into a joint venture with Tata Autocomp, known as TACO Sasken Automotive Electronics Pvt Ltd (TSAE).[5]

In February 2017, Sasken Communication Technologies Limited announced that it had changed its name to Sasken Technologies Limited.[6] In January 2018, Sasken unveiled a new logo.[7]

In July 2022, Sasken announced that Abhijit Kabra was appointed as the CEO.[8] In June 2024, Sasken's board designated Rajiv C. Mody as CEO in addition to his existing position of chairman and managing director.[9]

In April 2025, Sasken acquired BORQS International Holding Corp, an embedded software and products company.[10]

References

  1. ^ https://hrnxt.com/news/executive-moves/sasken-names-priyaranjan-as-cfo-b-ramkumar-as-chief-risk-officer/51049/2022/08/10/
  2. ^ "Sasken acquires firm to foray into telecom network management". Business Standard India. 19 February 2005. Retrieved 14 April 2021.
  3. ^ "Sasken acquires iSoftTech for $1.5m". The Economic Times. Retrieved 14 April 2021.
  4. ^ "Sasken acquires Finland-based co in all cash deal". The Economic Times. Retrieved 14 April 2021.
  5. ^ Reporter, B. S. (26 January 2007). "Sasken enters into JV with Tata AutoComp". Business Standard India. Retrieved 14 April 2021.
  6. ^ "Sasken Communication Technologies Limited announces corporate name change to Sasken Technologies Limited to reflect its broad range of services". @businessline. Retrieved 14 April 2021.
  7. ^ "Sasken unveils new logo to reflect its 30-year-old heritage". -DQChannels. 25 January 2018. Retrieved 6 August 2023.
  8. ^ "Sasken appoints Abhijit Kabra as its chief executive officer". EquityBulls. 20 July 2022. Retrieved 21 July 2022.
  9. ^ "CMD Rajiv C. Mody Appointed CEO of Sasken Technologies". Board Stewardship.
  10. ^ "Sasken Technologies Completes Acquisition of Borqs Technologies".