Sasken Technologies Completes Acquisition of Borqs Technologies 

Sasken Technologies Limited, a global leader in product engineering and digital transformation services, today announced the successful completion of its acquisition of BORQS International Holding Corp on April 8, 2025. This development follows Sasken’s earlier announcement made on November 9, 2024, outlining its intent to acquire the original design manufacturing (ODM) and software services business of Borqs Technologies, Inc.

The acquisition marks a significant strategic step in Sasken’s growth journey, aligning with its “60x4x3” strategy aimed at enhancing innovation, competitiveness, and long-term value creation across key technology sectors. Sasken plans to leverage Borqs’ deep expertise in embedded software and wireless product solutions to strengthen its product engineering offerings, particularly in the areas of Internet of Things (IoT), 5G, and connected consumer devices.

Sasken’s integration of Borqs is intended to accelerate its Chip-to-Cognition journey by combining large-scale specialized design capabilities with existing investments in semiconductors, artificial intelligence, and cybersecurity. Through this acquisition, Sasken aims to provide holistic end-to-end product development and production realization services for its global client base, further enabling the commercialization of next-generation connected devices.

Key assets gained through the transaction include Borqs’ IP portfolio, engineering resources, and software licenses. These are expected to significantly expand Sasken’s reach in sectors such as consumer electronics, automotive, semiconductors, and high-tech industries.

Borqs Technologies, headquartered internationally, is recognized for its leadership in embedded software and Android-based smart device solutions. The company specializes in customizable, scalable connected devices and cloud services for the IoT sector. As a Google-licensed partner for Android and Android Wear, Borqs brings a workforce of over 300 design specialists located across India and China. It has also maintained strong collaborative relationships with leading chipset vendors, enhancing the value and performance of its extensive IP library.

As part of the integration process, Mr. Hareesh Ramana—co-founder of Borqs Technologies and Managing Director of Borqs India—will join Sasken’s leadership team. He will spearhead the effort to embed Borqs’ capabilities into Sasken’s service offerings.

Commenting on the acquisition, Rajiv C. Mody, Chairperson, Managing Director & CEO of Sasken Technologies, stated:

“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.”

Hareesh Ramana also expressed optimism about the combined potential of the two companies:

“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.”

Sasken is a global specialist in Product Engineering and Digital Transformation, offering concept-to-market and chip-to-cognition services to leading enterprises in semiconductors, automotive, industrials, consumer electronics, telecom, and transportation. With over three decades of experience, multiple patents, and a clientele that includes over 100 Fortune 500 companies, Sasken has powered more than a billion devices worldwide.

Borqs Technologies is a global leader in IoT software and smart connected devices. The company delivers scalable and customizable Android-based device solutions, cloud services, and 5G-enabled products. Its strong chipset partnerships and Google licensing for Android and Android Wear empower Borqs to provide high-performance, integrated IoT solutions for various applications.