Acquisitions14 Apr 2025, 07:46 pm
Sasken Technologies Completes Acquisition of Borqs Technologies to Strengthen IoT and 5G Product Engineering Capabilities
AI Summary
Sasken Technologies Limited, a leading global provider of product engineering and digital transformation services, has completed the acquisition of Borqs Technologies on April 8, 2025. This strategic acquisition aims to enhance Sasken's expertise in engineering R&D services and is aligned with its 60x4x3 strategy. The acquisition will expedite Sasken's Chip-to-Cognition journey and provide comprehensive end-to-end product development and production realization solutions for global clients. It will also expand Sasken's portfolio in high-demand areas such as IoT, 5G, and connected consumer devices.
Key Highlights
- Sasken Technologies completes acquisition of Borqs Technologies to strengthen IoT and 5G product engineering capabilities.
- The acquisition aligns with Sasken's 60x4x3 strategy to drive growth, innovation, and competitiveness in the market.
- The collaboration will integrate specialized design skills at scale and complement existing investments in semiconductors, cybersecurity, and artificial intelligence.
- Borqs is a global provider of embedded software and products for the Internet of Things (IoT), with a broad software and intellectual property (IP) portfolio.
- The acquisition will significantly expand Sasken's portfolio in high-demand areas such as IoT, 5G, and connected consumer devices.