-15.05 (-1.10%) Sasken Technologies has completed acquisition of BORQS International Holding Corp on April 8, 2025. This follows the announcement made on November 09, 2024, by the Company of its intent to acquire ODM and software services business of Borqs Technologies, Inc. (Borqs).
This collaboration will expedite the company’s Chip-to-Cognition journey by integrating specialized design skills at scale and complementing existing investments in semiconductors, cybersecurity, and artificial intelligence. With this acquisition, the company aims to provide comprehensive end-to-end product development and production realization solutions for its global clients to help in their journey of commercializing connected devices.
Licenses, IP Portfolio, and Engineering capabilities from this transaction will accelerate the company’s 60x4x3 journey across semiconductors, consumer electronics, automotive, and high-tech customers. By integrating Borqs’ deep expertise in embedded software and wireless product solutions, the company will significantly expand its portfolio in high-demand areas such as IoT, 5G, and connected consumer devices.
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.