Sasken Technologies: Difference between revisions

Sasken Technologies Ltd
	Sasken's Headquarters at Bangalore, India
Formerly	Sasken Communication Technologies Limited
Company type	Public
Traded as	BSE: 532663; NSE: SASKEN;
ISIN	INE231F01020
Industry	Telecommunications; Technology; Data centers; Product Engineering; Semiconductor; Industrials;
Founded	1989; 36 years ago
Headquarters	139/25, Ring Road, Domlur, Bangalore, Karnataka, India
Area served	Worldwide
Key people	Abhijit Kabra; (CEO); Rajiv C Mody; (Chairman & MD); Neeta Revankar ; Wholetime Director & (CFO); Venkatesh G ; (Independent Director);
Services	Telecommunications; Product engineering; Digital transformation; Network equipment; Retail; Automotive; Industrials;
Revenue	₹ 504.31 Crores (FY 18–19)
Net income	₹ 90.42 Crores (FY 18–19)
Number of employees	2000 approx. (as of March 2019)
Website	www.sasken.com

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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 (SAS) 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.^[1] In January 2018, Sasken unveiled a new logo to reflect its 30-year-old heritage.^[2]

Sasken employs 2000+ people, operating from development centers in 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, UK, and USA.

In July 2022, Sasken announced that Abhijit Kabra was appointed as the CEO.^[3]

Subsidiaries

Sasken Network Engineering Limited (SNEL), a wholly owned subsidiary of Sasken, was created when the company acquired the operations of Blue Broadband Technologies.^[4]
Sasken acquired iSoftTech Private Limited, Chennai in June 2006.^[5]
In September 2006, Sasken also acquired a Finnish company named Botnia Hightech Oy. It is now known as Sasken Finland Oy.^[6]
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).^[7]

References

^ "Sasken Communication Technologies Limited announces corporate name change to Sasken Technologies Limited to reflect its broad range of services". @businessline. Retrieved 14 April 2021.
^ "Sasken unveils new logo to reflect its 30-year-old heritage". -DQChannels. 25 January 2018. Retrieved 6 August 2023.
^ "Sasken appoints Abhijit Kabra as its Chief Executive Officer". EquityBulls. 20 July 2022. Retrieved 21 July 2022.
^ "Sasken acquires firm to foray into telecom network management". Business Standard India. 19 February 2005. Retrieved 14 April 2021.
^ "Sasken acquires iSoftTech for $1.5m". The Economic Times. Retrieved 14 April 2021.
^ "Sasken acquires Finland-based co in all cash deal". The Economic Times. Retrieved 14 April 2021.
^ Reporter, B. S. (26 January 2007). "Sasken enters into JV with Tata AutoComp". Business Standard India. Retrieved 14 April 2021.

[1] "Sasken Communication Technologies Limited announces corporate name change to Sasken Technologies Limited to reflect its broad range of services". @businessline. Retrieved 14 April 2021.

[2] "Sasken unveils new logo to reflect its 30-year-old heritage". -DQChannels. 25 January 2018. Retrieved 6 August 2023.

[3] "Sasken appoints Abhijit Kabra as its Chief Executive Officer". EquityBulls. 20 July 2022. Retrieved 21 July 2022.

[4] "Sasken acquires firm to foray into telecom network management". Business Standard India. 19 February 2005. Retrieved 14 April 2021.

[5] "Sasken acquires iSoftTech for $1.5m". The Economic Times. Retrieved 14 April 2021.

[6] "Sasken acquires Finland-based co in all cash deal". The Economic Times. Retrieved 14 April 2021.

[7] Reporter, B. S. (26 January 2007). "Sasken enters into JV with Tata AutoComp". Business Standard India. Retrieved 14 April 2021.

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@@ Line 1: / Line 1: @@
 {{Short description|Indian multinational technology company}}
-{{Use Indian English|date=November 2019}}{{Use dmy dates|date=November 2019}}
+{{Use Indian English|date=November 2019}}
+{{Use dmy dates|date=November 2019}}
 {{Infobox company
 | name = Sasken Technologies Ltd
@@ Line 7: / Line 8: @@
 | image = Sasken's Bengaluru Headquarters in 2018.jpg
 | 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
 | type = [[Public company|Public]]
 | traded_as = {{Unbulleted list|{{BSE|532663}}|{{NSE|SASKEN}}}}
-| ISIN = INE231F01020
+| ISIN = {{ISIN|sl=n|pl=y|INE231F01020}}
 | founded = {{Start date and age|1989}}
 | hq_location = 139/25, Ring Road, Domlur
-| hq_location_city = [[Banglore]], [[Karnataka]]
+| hq_location_city = [[Bangalore]], [[Karnataka]]
 | hq_location_country = [[India]]
 | area_served = Worldwide
 | key_people = {{plainlist|
-*Rajiv C Mody<br />([[Chairman]] & [[Managing Director|MD]]) & ([[CEO]])
+*Abhijit Kabra<br />([[CEO]])
-*Neeta Revankar<br />([[Director (business)|Director]] & [[CFO]])
+*Rajiv C Mody<br />([[Chairman]] & [[Managing Director|MD]])
-*Venkatesh G<br />([[Director (business)|Director]])}}
+*Neeta Revankar <br />[[Wholetime Director]] & ([[CFO]])
+*Venkatesh G <br />([[Independent Director]])}}
 | industry = {{Unbulleted list|[[Telecommunications industry|Telecommunications]]|[[Technology company|Technology]]|[[Data center]]s|[[Product Engineering]]|[[Semiconductor]]|[[Industrials]]}}
 | services = {{plainlist|
@@ Line 30: / Line 33: @@
 *[[Automotive]]
 *[[Industrials]]}}
-| revenue = {{profit}} Rs 504.31 Crores ([[Fiscal year|FY]] 18–19)
+| revenue = {{profit}} {{INR}} 504.31 Crores ([[Fiscal year|FY]] 18–19)
-| net_income = {{profit}} Rs 90.42 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}}
 }}
-'''Sasken Technologies Limited''' (formerly '''Sasken Communication Technologies Limited''') is a 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 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]].
 == 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 amalgamation of its original name (SAS) and 'ken', the Scottish word for knowledge.
+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 (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.
-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.
+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.<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 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]].
+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>
 == Subsidiaries ==
-#[[Sasken Network Engineering Limited|'''S'''asken '''N'''etwork '''E'''ngineering '''L'''imited]] (SNEL), a wholly owned subsidiary of Sasken, was created when the company acquired the operations of Blue Broadband Technologies.<ref>{{Cite news|last=Bureau|first=Our|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 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>
 #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>
@@ Line 53: / Line 58: @@
 == References ==
+{{Reflist}}
-<references/>
+{{Authority control}}
 {{DEFAULTSORT:Sasken Technologies Limited}}
-[[Category:Companies listed on the Bombay Stock Exchange]]
 [[Category:Software companies of India]]
-[[Category:Companies based in Bangalore]]
+[[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]]
+[[Category:Companies listed on the Bombay Stock Exchange]]