Sasken Technologies Limited has informed the Exchange regarding a press release dated April 14, 2025, titled "Sasken Technologies Completes Acquisition of Borqs Technologies to Strengthen IoT and 5G Product Engineering Capabilities".
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Sasken Technologies Limited has completed the acquisition of Borqs Technologies, as announced in a press release dated April 14, 2025. The acquisition is aimed at strengthening Sasken's product engineering capabilities in the IoT (Internet of Things) and 5G segments. This move is part of Sasken's strategy to expand its technology offerings in high-growth, next-generation connectivity areas. Borqs Technologies brings expertise that aligns with Sasken's engineering services portfolio. The completion of this deal marks a key step in Sasken's inorganic growth plan.
This acquisition could enhance Sasken's revenue potential by adding IoT and 5G engineering capabilities, but shareholders should watch for integration outcomes and any related costs or margin impact in upcoming quarters.