Latest news with #Sasken
Business Standard
2 days ago
- Business
- Business Standard
Sasken Tech joins hands with Microsoft to drive next-gen smart devices innovation
Sasken Technologies announced a strategic partnership with Microsoft through the Microsoft Devices Ecosystem Platform (MDEP) to launch cutting-edge, next-generation smart devices. This collaboration enhanced by Saskens recent acquisition of Borqs Technologies connected devices business, positions Sasken at the forefront of intelligent device innovation. The Microsoft Devices Ecosystem Platform (MDEP) is designed to accelerate the development and deployment of intelligent & secure collaboration devices by bringing together hardware partners, solution providers, and system integrators. By collaborating with MDEP, Sasken will bring enhanced product engineering expertise, strengthened by Borqs' connected device portfolio and chipset partnerships, combined with its strengths in embedded systems, IoT, and lifecycle services, enabling faster innovation, reduced complexity, and superior user experiences. Hareesh Ramanna, chief experience officer & president Borqs Technologies (a Sasken Group company), said, We are excited to collaborate with Microsoft and become a part of the Microsoft Devices Ecosystem Platform. This partnership aligns perfectly with our mission to enable our customers to build differentiated products and accelerate their time-to-market. The integration of Borqs' connected device engineering talent and chipset expertise into Sasken has significantly augmented our capabilities. Now, by combining this enhanced prowess with the power and scale of MDEP, we are well positioned to deliver unparalleled value to Enterprise OEMs looking to build cutting-edge, & secure Collaboration, IoT, and Special Purpose devicesthat meet the demands of a connected future. Juha Kuosmanen, head of MDEP, said, Microsoft is committed to empowering device partners with the tools and platforms they need to succeed in a rapidly evolving market. We are excited to welcome Sasken to the Microsoft Devices Ecosystem Platform. Saskens deep engineering heritage will be a significant asset to our ecosystem. This will help OEMs bring innovative devices to market more efficiently and tap into a broader range of device opportunities. Sasken Technologies is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, Telecom, and Transportation industries. The companys consolidated net profit fell 35.8% to Rs 11.03 crore despite a 35.8% increase in net sales to Rs 148.01 crore in Q4 FY25 over Q4 FY24. The counter advanced 1.13% to end at Rs 1,486.75 on the BSE.
Business Standard
3 days ago
- Business
- Business Standard
Sasken Technologies announces strategic partnership with Microsoft
Sasken Technologies announced a strategic partnership with Microsoft through the Microsoft Devices Ecosystem Platform (MDEP). This collaboration, enhanced by Sasken's recent acquisition of Borqs Technologies' Connected Devices business, positions Sasken at the forefront of intelligent device innovation. By combining Sasken's expanded capabilities with Microsoft's foundational platform, this alliance will empower OEMs and ODMs to fast-track creation and launch of cutting-edge, next-generation smart devices. The Microsoft Devices Ecosystem Platform (MDEP) is designed to accelerate the development and deployment of intelligent & secure collaboration devices by bringing together hardware partners, solution providers, and system integrators. By collaborating with MDEP, Sasken will bring enhanced product engineering expertise, strengthened by Borqs' connected device portfolio and chipset partnerships, combined with its strengths in embedded systems, IoT, and lifecycle services, enabling faster innovation, reduced complexity, and superior user experiences.
Business Standard
3 days ago
- Business
- Business Standard
Sasken Partners with Microsoft to Accelerate Smart Device Innovation via Microsoft Devices Ecosystem Platform (MDEP)
PRNewswire Bengaluru (Karnataka) [India], June 12: Sasken Technologies Ltd. (BSE: 532663) (NSE: SASKEN), a global leader in product engineering and digital transformation, is proud to announce a strategic partnership with Microsoft through the Microsoft Devices Ecosystem Platform (MDEP). This collaboration, enhanced by Sasken's recent acquisition of Borqs Technologies' Connected Devices business, positions Sasken at the forefront of intelligent device innovation. By combining Sasken's expanded capabilities with Microsoft's foundational platform, this alliance will empower OEMs and ODMs to fast-track creation and the launch of cutting-edge, next-generation smart devices. The Microsoft Devices Ecosystem Platform (MDEP) is designed to accelerate the development and deployment of intelligent & secure collaboration devices by bringing together hardware partners, solution providers, and system integrators. By collaborating with MDEP, Sasken will bring enhanced product engineering expertise, strengthened by Borqs' connected device portfolio and chipset partnerships, combined with its strengths in embedded systems, IoT, and lifecycle services, enabling faster innovation, reduced complexity, and superior user experiences. "We are excited to collaborate with Microsoft and become a part of the Microsoft Devices Ecosystem Platform," said Hareesh Ramanna, Chief Experience Officer & President Borqs Technologies (a Sasken Group company). "This partnership aligns perfectly with our mission to enable our customers to build differentiated products and accelerate their time-to-market. The integration of Borqs' connected device engineering talent and chipset expertise into Sasken has significantly augmented our capabilities. Now, by combining this enhanced prowess with the power and scale of MDEP, we are well positioned to deliver unparalleled value to Enterprise OEMs looking to build cutting-edge & secure Collaboration, IoT, and Special Purpose devices that meet the demands of a connected future." Through this partnership, Sasken will provide end-to-end product development & product engineering services, including Hardware design, platform porting, application development, system integration, testing, and lifecycle support on MDEP. Sasken will also work closely with Microsoft to support MDEP's strategic focus areas including security, manageability, and modernization. "Microsoft is committed to empowering device partners with the tools and platforms they need to succeed in a rapidly evolving market," said Juha Kuosmanen, Head of MDEP. "We are excited to welcome Sasken to the Microsoft Devices Ecosystem Platform. Sasken's deep engineering heritage will be a significant asset to our ecosystem. This will help OEMs bring innovative devices to market more efficiently and tap into a broader range of device opportunities." This partnership highlights Sasken's vision to be a trusted technology partner for global enterprises looking to build the next generation of connected, intelligent products. To learn more about Sasken, visit To learn more about Microsoft Devices Ecosystem Platform, visit MDEP Overview. Media Contact: Rekha Sahay Ghosh Head of Marketing & Communications E: pr@ T: +91 080 6694 3009 Logo:
Yahoo
3 days ago
- Business
- Yahoo
Sasken Partners with Microsoft to Accelerate Smart Device Innovation via Microsoft Devices Ecosystem Platform (MDEP)
BENGALURU, India, June 12, 2025 /PRNewswire/ -- Sasken Technologies Ltd. (BSE: 532663) (NSE: SASKEN), a global leader in product engineering and digital transformation, is proud to announce a strategic partnership with Microsoft through the Microsoft Devices Ecosystem Platform (MDEP). This collaboration, enhanced by Sasken's recent acquisition of Borqs Technologies' Connected Devices business, positions Sasken at the forefront of intelligent device innovation. By combining Sasken's expanded capabilities with Microsoft's foundational platform, this alliance will empower OEMs and ODMs to fast-track creation and the launch of cutting-edge, next-generation smart devices. The Microsoft Devices Ecosystem Platform (MDEP) is designed to accelerate the development and deployment of intelligent & secure collaboration devices by bringing together hardware partners, solution providers, and system integrators. By collaborating with MDEP, Sasken will bring enhanced product engineering expertise, strengthened by Borqs' connected device portfolio and chipset partnerships, combined with its strengths in embedded systems, IoT, and lifecycle services, enabling faster innovation, reduced complexity, and superior user experiences. "We are excited to collaborate with Microsoft and become a part of the Microsoft Devices Ecosystem Platform," said Hareesh Ramanna, Chief Experience Officer & President Borqs Technologies (a Sasken Group company). "This partnership aligns perfectly with our mission to enable our customers to build differentiated products and accelerate their time-to-market. The integration of Borqs' connected device engineering talent and chipset expertise into Sasken has significantly augmented our capabilities. Now, by combining this enhanced prowess with the power and scale of MDEP, we are well positioned to deliver unparalleled value to Enterprise OEMs looking to build cutting-edge & secure Collaboration, IoT, and Special Purpose devices that meet the demands of a connected future." Through this partnership, Sasken will provide end-to-end product development & product engineering services, including Hardware design, platform porting, application development, system integration, testing, and lifecycle support on MDEP. Sasken will also work closely with Microsoft to support MDEP's strategic focus areas including security, manageability, and modernization. "Microsoft is committed to empowering device partners with the tools and platforms they need to succeed in a rapidly evolving market," said Juha Kuosmanen, Head of MDEP. "We are excited to welcome Sasken to the Microsoft Devices Ecosystem Platform. Sasken's deep engineering heritage will be a significant asset to our ecosystem. This will help OEMs bring innovative devices to market more efficiently and tap into a broader range of device opportunities." This partnership highlights Sasken's vision to be a trusted technology partner for global enterprises looking to build the next generation of connected, intelligent products. To learn more about Sasken, visit To learn more about Microsoft Devices Ecosystem Platform, visit MDEP Overview. Media Contact:Rekha Sahay GhoshHead of Marketing & CommunicationsE: pr@ T: +91 080 6694 3009 Logo: View original content: SOURCE Sasken Technologies Ltd.
Globe and Mail
14-04-2025
- Business
- Globe and Mail
Shares Of Micro Cap Rally Nearly 15% Following Major IoT Asset Sale
On a robust trading day for major markets, the bullish momentum extended to the microcap sector, where a significant technology transaction has just been finalized, driving a surge in one microcap stock. Shares of Borqs Technologies, Inc. (OTCQB: BRQSF) are rallying as the company announced that they have finalized the $40 million sale of their core businesses, encompassing embedded software design and customized hardware manufacturing for IoT, to Sasken Technologies, Ltd., a global leader in product engineering based in India. The agreement transfers customer contracts, intellectual property, key personnel, and critical subsidiaries, enabling Sasken to enhance its offerings in designing and commercializing connected devices like mobile phones, tablets, and IoT products. A portion of the sale price is reserved for employees, taxes, and performance-based earnouts tied to 2025 results. According to the press release, Sasken's acquisition strengthens its portfolio across high-demand sectors such as automotive, telecommunications, and consumer electronics, leveraging Borqs' expertise and partnerships with chipset providers. Hareesh Ramana, a Borqs founder, will join Sasken's leadership to integrate these capabilities, ensuring a seamless transition and continued innovation. Borqs plans to channel the proceeds into AI and capital-related ventures, aiming to capitalize on emerging technology trends. This strategic move positions Sasken to drive growth in IoT and 5G markets, while Borqs explores new frontiers. The collaboration with industry leaders like Qualcomm and mobile network operators will further amplify the impact of this deal across industries like utilities and smart cities. As mentioned off the top, today's announcement is sending shares of BRQSF up 14.89% to $0.23 in mid-morning trading. Copyright © 2025 All rights reserved. Republication or redistribution of content is expressly prohibited without the prior written consent of shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
