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Home > Business > Companies > Mergers & Acquisitions > Sasken Technologies completes acquisition of Borqs Technologies

Sasken Technologies completes acquisition of Borqs Technologies

Borqs is a global provider of embedded software and products for the Internet of Things (IoT), providing customizable, differentiated, and scalable Android-based smart connected devices and cloud service solutions.

Abhinav Kumar Singh
Last updated: April 15, 2025 4:56 PM
By Abhinav Kumar Singh
Sasken Technologies completes acquisition of Borqs Technologies
Sasken Technologies completes acquisition of Borqs Technologies
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Sasken Technologies, a global provider of product engineering and digital transformation services, announced that it has completed the 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 the ODM and software services business of Borqs Technologies.

This collaboration will expedite Sasken’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, Sasken 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 Sasken’s 60x4x3 journey across semiconductors, consumer electronics, automotive, and high-tech customers. By integrating Borqs’ deep expertise in embedded software and wireless product solutions, Sasken will significantly expand its portfolio in high-demand areas such as IoT, 5G, and connected consumer devices.

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Borqs is a global provider of embedded software and products for the Internet of Things (IoT), providing customizable, differentiated, and scalable Android-based smart connected devices and cloud service solutions. Leveraging strategic partner relationships with leading chipset vendors to maximize its broad software and intellectual property (IP) portfolio, Borqs has achieved superior leadership and customer recognition throughout the world.

As a Google-licensed partner for Android & Android Wear, Borqs employs 300+ design specialists across India and China. Its Android and Android Wear licenses enable a rich software IP library for chipset integration, performance optimization, and specialized applications. The company is also actively developing 5G-enabled products for smartphones and hotspots.

Hareesh Ramana, one of the founders of Borqs Technologies and Managing Director of Borqs India will join the Sasken leadership as part of this acquisition and lead the efforts to integrate Borqs capabilities into the Sasken repertoire.

Rajiv C. Mody, Chairperson, Managing Director & CEO, Sasken Technologies, said, “This acquisition reflects our commitment to expanding our technological footprint and delivering advanced solutions to meet the evolving demands of our customers. By integrating Borqs’ capabilities, we will strengthen our portfolio, improve our competitiveness, and drive future growth in high-demand markets like Automotive, SatCom, Consumer, Industrial, IoT and 5G.”

“The completion of this acquisition marks the beginning of an exciting new chapter for Borqs. Joining forces with Sasken gives us the strategic scale and technological alignment to accelerate innovation in connected devices, IoT, and 5G. With our Agile and Tech-first approach, we are confident in our ability to deliver even greater value to our customers and partners worldwide,” said Hareesh Ramanna, Executive Vice President, Co-General Manager, Managing Director of India Operations and Head of Software Development, Borqs Technologies, Inc.

Sasken 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.

TAGGED:Borqs TechnologiesSasken Technologies

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