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SASKEN TECHNOLOGIES LTD.

16 July 2025 | 01:09

Industry >> IT Consulting & Software

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ISIN No INE231F01020 BSE Code / NSE Code 532663 / SASKEN Book Value (Rs.) 520.68 Face Value 10.00
Bookclosure 05/11/2024 52Week High 2400 EPS 33.29 P/E 43.91
Market Cap. 2208.09 Cr. 52Week Low 1276 P/BV / Div Yield (%) 2.81 / 1.71 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Our Company was incorporated on February 13, 1989 as ASIC Technologies Private Limited under the Companies Act. The name of our Company was changed to Silicon Automation Systems (India) Private Limited and a fresh certificate of incorporation consequent on change of name was issued by the ROC on October 13, 1992. On April 20, 1993 we changed our registered office from the State of Gujarat to the State of Karnataka. The name of our Company was changed to Silicon Automation Systems Limited and a fresh certificate of incorporation consequent on change of name was issued by the ROC on December 30, 1998. The name of our Company was changed to Sasken Communication Technologies Limited and a fresh certificate of incorporation consequent on change of name was issued by the ROC on October 17, 2000.

1989

-Incorporated as ASIC Technologies Private Limited in the State of Gujarat

1992

-Changed our name to Silicon Automation Systems (India) Private Limited

1993

-Shifted registered office from the State of Gujarat to the State of Karnataka.

1993

-Awarded our first contract in the telecom space.

1994

-Began investing in research and development in the telecom space.

1996

-Certified as ISO 9001:1994 compliant 1996 Began participating in standards bodies such as ITU/T.

1997

-Awarded our first licensing deal in the DSL technology space.

1999

-Investment by financial investors

2000

-Changed our name to Sasken Communication Technologies Limited 2000 Awarded first licensing deal in the wireless space. 2001 Certified as ISO9001: 2000 compliant.

2002

-Assessed at SEI CMM Level 5. Awarded the NHRD award for lifetime achievement. Also ranked 14th in the Business Today-Hewitt survey for Best Employers in India.

2004

-Ranked first in the Business Today-Mercer survey for Best Employers in India, and ranked sixth in the Dataquest and Business World-Great Places to Work surveys.

2004

-Received TL9000 and BS7799 certification

2004

-First royalty revenue stream in the telecom space 2004 First international customer account to cross the US$10 million billing milestone

2005

-Investments by Nortel Networks Mauritius Limited, Nokia Growth Partners LP and MVC VI FVCI Limited

2006

-On September 01, 2006 Mr Srikanth Kannankote has joined the Company as President and Chief Financial Officer (CFO)

2007

-Sasken Communication Technologies Ltd on August 10, 2007 has joined the Near Field Communication (NEC) Forum, a non-profit industry association advancing the use of NFC technology, as an associate member.

2009

- Sasken Communication Technologies Ltd has co opted Mr. Kiran Karnik as an Additional Director of the Company .

2010

-Sasken Communication Technologies Joins Open Handset Alliance

-Sasken-developed IsatPhone Pro set for June launch

-Sasken's Annual Report shines again, wins another Gold at LACP's 2010 Spotlight Awards Global Communications Competition.

2011

-President Smt. Pratibha Devisingh Patil launches Sasken's VyapaarSEWA as part of DoT-USOF Sanchar Shakti.

-Sasken establishes Authorized Test Lab in North America for Qualcomm Customers

-Sasken successfully hosts 'KenQuiz', Bangalore's First Corporate Technology Quiz

-Sasken offers Linux-based Media Framework & Services on Texas Instruments' DaVinci digital media platform

-Sasken bags Sony Ericsson's Best Supplier Award

2012

-Sasken, the Best Embedded System House, Bags ISA Technovation Award, 2011

-Sasken Expands Offerings into Automotive Space

-Sasken Joins Network Intelligence Alliance To Drive Innovation And Leadership For Next-Generation Network Solution

-Sasken Announces Design Partnership with SMSC for JukeBlox Wireless Audio Streaming

-Sasken announces release of Automotive Infotainment solution

2013 -"Sasken successfully hosts KenTechFest, Summer Edition 2013". -Sasken joins Microsofts Windowsr Embedded Partner Program. -Sasken Comm.Tech. - GE Ultrasound Korea and Sasken bring ultrasound data capture and playback via standard video. -Sasken Bags Platinum at the LACP 2013 Spotlight Awards Global Communications Competition.

2014 -Pinyon and Sasken Partner to Deliver World Class 4G LTE Mobile Broadband Product Solutions for Service Providers. -"Inmarsat partners with Sasken to bring to market the IsatPhone 2". -"Sasken Achieves a Microsoft Silver Mobility Competency". -"Sasken Wins Arbitration Award".

2015 -Innovation Center to give students a better industry experience

2017 -Company name has changed to Sasken Technologies Ltd. from Sasken Communication Technologies Ltd. -Sasken Technologies partners with PTC.

2018 -Sasken showcases expertise in developing LTE-based devices at Satellite 2018. -Sasken Showcases Digital Expertise and Solutions in Industrial IoT at LiveWorx 2018.

2019

-Cohda Wireless and Sasken partner to accelerate adoption of V2X in connected vehicles. -Sasken launches Automotive Center of Excellence in Detroit, USA.

2020

-"Sasken and Primatec partner to enable end-to-end Product Engineering Services for Automotive Customers".

2022

-Sasken joins the SOAFEE SIG as a voting member.

2023

-Sasken Technologies Limited collaborates with Qualcomm Technologies, Inc. through IoT Accelerator Program.

2024 -Sasken has been recognized at the prestigious PMI South Asia Chapter 2024 Awards. -Sasken Technologies has been recognized as one of the Best Companies for Women in India (IT) in 2024 by Avtar. -Sasken Technologies Limited's launched world's first LTE-based Mobile Satellite Equipment. -Sasken partners with Trustonic to bring advanced security options to Automotive OEMs.