Sasken Technologies: Difference between revisions

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| image = Sasken's Bengaluru Headquarters in 2018.jpg
| image = Sasken's Bengaluru Headquarters in 2018.jpg
| image_size = 250px
| image_size = 250px
| image_caption = Sasken's Headquarters at [[Bangalore]], India
| image_caption = Sasken's headquarters at [[Bangalore]], India
| former_name = Sasken Communication Technologies Limited
| former_name = Sasken Communication Technologies Limited
| type = [[Public company|Public]]
| type = [[Public company|Public]]
| traded_as = {{Unbulleted list|{{BSE|532663}}|{{NSE|SASKEN}}}}
| traded_as = {{Unbulleted list|{{BSE|532663}}|{{NSE|SASKEN}}}}
| ISIN = INE231F01020
| ISIN = {{ISIN|sl=n|pl=y|INE231F01020}}
| founded = {{Start date and age|1989}}
| founded = {{Start date and age|1989}}
| hq_location = 139/25, Ring Road, Domlur
| hq_location = 139/25, Ring Road, [[Domlur]]
| hq_location_city = [[Banglore]], [[Karnataka]]
| hq_location_city = [[Bangalore]], [[Karnataka]]
| hq_location_country = [[India]]
| hq_location_country = India
| area_served = Worldwide
| area_served = Worldwide
| key_people = {{plainlist|
| key_people = {{plainlist|
*Rajiv C Mody<br />([[Chairman]] & [[Managing Director|MD]]) & ([[CEO]])
*Rajiv C Mody<br />([[Chairman]], [[Managing director|MD]] and [[CEO]])
*Neeta Revankar<br />([[Director (business)|Director]] & [[CFO]])
*Priyaranjan <br />([[CFO]])<ref>https://hrnxt.com/news/executive-moves/sasken-names-priyaranjan-as-cfo-b-ramkumar-as-chief-risk-officer/51049/2022/08/10/</ref>}}
*Venkatesh G<br />([[Director (business)|Director]])}}
 
| industry = {{Unbulleted list|[[Telecommunications industry|Telecommunications]]|[[Technology company|Technology]]|[[Data center]]s|[[Product Engineering]]|[[Semiconductor]]|[[Industrials]]}}
| industry = {{Unbulleted list|[[Technology company|Technology]]}}
| services = {{plainlist|
| services = {{plainlist|
*[[Telecommunications]]
*[[Product engineering]]
*[[Product engineering]]
*[[Digital transformation]]
*[[Digital transformation]]}}
*[[Network equipment]]
| revenue = {{profit}} {{INR}} 504.31 crores ([[Fiscal year|FY]] 18–19)
*[[Retail]]
| net_income = {{profit}} {{INR}} 90.42 crores ([[Fiscal year|FY]] 18–19)
*[[Automotive]]
| num_employees = 2,000 (March 2019)
*[[Industrials]]}}
| revenue = {{profit}} {{INR}} 504.31 Crores ([[Fiscal year|FY]] 18–19)
| net_income = {{profit}} {{INR}} 90.42 Crores ([[Fiscal year|FY]] 18–19)
| num_employees = 2000 approx. (as of March 2019)
| homepage = {{URL|https://www.sasken.com}}
| homepage = {{URL|https://www.sasken.com}}
}}
}}


'''Sasken Technologies Limited''' (formerly '''Sasken Communication Technologies Limited''') is an Indian [[Multinational corporation|multinational]] [[technology company]], based in [[Bangalore]], [[India]], which provides [[product engineering]] and [[digital transformation]] services to global customers in industries such as [[semiconductor]]s, [[automotive]], [[consumer electronics]], enterprise grade devices, [[Smart device]]s and [[wearables]], industrials, and [[telecommunication]].
'''Sasken Technologies Limited''' (formerly '''Sasken Communication Technologies Limited''') is an Indian [[Multinational corporation|multinational]] technology services company, based in [[Bengaluru]].


== Origin ==
== Origin ==
Sasken began as the brainchild of Rajiv C Mody, its chairman, MD & CEO, and three other co-founders: Krishna Jhaveri, Suresh Dholakia, and Badruddin Agarwala. Sasken came into being as '''Silicon Automation Systems (SAS)''' in 1989 in a small warehouse in [[Fremont, California|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.
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|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.


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.<ref>{{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}}</ref> 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.
Sasken acquired the operations of Blue Broadband Technologies in 2005, creating Sasken Network Engineering Limited (SNEL).<ref>{{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}}</ref> Sasken acquired iSoftTech Private Limited, Chennai in June 2006.<ref>{{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}}</ref> In September 2006, Sasken acquired the Finnish company Botnia Hightech [[Osakeyhtiö|Oy]], now known as Sasken Finland [[Osakeyhtiö|Oy]].<ref>{{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}}</ref>


Sasken employs 2000+ people, operating from development centers in [[Bangalore|Bengaluru]], [[Pune]], [[Chennai]], [[Kolkata]] and [[Hyderabad]] (India), [[Kaustinen]] and [[Tampere]] (Finland), [[Detroit]] (USA), and [[Beijing]] and [[Shanghai]] (China). Sasken also has a presence across [[Germany]], [[Japan]], [[United Kingdom|UK]], and [[United States|USA]].
On 24 January 2007, Sasken entered into a joint venture with Tata Autocomp, known as TACO Sasken Automotive Electronics Pvt Ltd (TSAE).<ref>{{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}}</ref>


== Subsidiaries ==
In February 2017, Sasken Communication Technologies Limited announced that it had changed its name to Sasken Technologies Limited.<ref>{{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}}</ref> In January 2018, Sasken unveiled a new logo.<ref>{{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}}</ref>


#[[Sasken Network Engineering Limited]] (SNEL), a wholly owned subsidiary of Sasken, was created when the company acquired the operations of Blue Broadband Technologies.<ref>{{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}}</ref>
In July 2022, Sasken announced that Abhijit Kabra was appointed as the CEO.<ref>{{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}}</ref> In June 2024, Sasken's board designated Rajiv C. Mody as CEO in addition to his existing position of chairman and managing director.<ref>{{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}}</ref>
#Sasken acquired iSoftTech Private Limited, Chennai in June 2006.<ref>{{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}}</ref>
 
#In September 2006, Sasken also acquired a Finnish company named Botnia Hightech [[Osakeyhtiö|Oy]]. It is now known as Sasken Finland [[Osakeyhtiö|Oy]].<ref>{{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}}</ref>
In April 2025, Sasken acquired BORQS International Holding Corp, an embedded software and products company.<ref>{{cite web |title=Sasken Technologies Completes Acquisition of Borqs Technologies |url=https://www.autocarpro.in/news/sasken-technologies-completes-acquisition-of-borqs-technologies-125891}}</ref>
#On 24 January 07 Sasken has entered into a joint venture with Tata Autocomp. The JV will be known as TACO Sasken Automotive Electronics Pvt Ltd (TSAE).<ref>{{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}}</ref>


== References ==
== References ==
<references/>
{{Reflist}}
 
{{Authority control}}


{{DEFAULTSORT:Sasken Technologies Limited}}
{{DEFAULTSORT:Sasken Technologies Limited}}
[[Category:Software companies of India]]
[[Category:Software companies of India]]
[[Category:Companies based in Bangalore]]
[[Category:Companies based in Bengaluru]]
[[Category:Indian companies established in 1989]]
[[Category:Indian companies established in 1989]]
[[Category:Software companies established in 1989]]
[[Category:Software companies established in 1989]]
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[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Multinational companies headquartered in India]]

Latest revision as of 22:21, 6 March 2026


Sasken Technologies Ltd
Formerly
Sasken Communication Technologies Limited
Traded as
ISINTemplate:ISIN
Industry
Founded1989; 37 years ago (1989)
Headquarters139/25, Ring Road, Domlur,
Bangalore, Karnataka
,
India
Area served
Worldwide
Key people
Services
RevenueIncrease ₹ 504.31 crores (FY 18–19)
Increase ₹ 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[edit | edit source]

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[edit | edit source]

  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".
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