Bengaluru, February 17, 2017 - Sasken Technologies Limited, (BSE: 532663, NSE: SASKEN) (formerly Sasken Communication Technologies Limited), announced that it has changed its name to Sasken Technologies Limited effective February 14, 2017 to reflect its broad range of services.

The Company had earlier changed its name from Silicon Automation Systems Limited to Sasken Communication Technologies Limited in 2000 in order to cater to the growing opportunities in the telecommunication space around the world. Today, the nexus of forces such as computing, communications, mobility, cloud, social media and analytics has transformed communications into a core ingredient across all business verticals. Sasken's expertise therefore now serves businesses ranging from automotive, smart devices and wearables, industrials, enterprises, satellite, and retail, among others. Therefore, Sasken's new name is a true reflection of its current vast opportunity landscape.

Mr. Rajiv C. Mody, Chairman, Managing Director & CEO, Sasken Technologies Limited said, "We see a whole new world unfolding in front of us where new services are getting launched which were hitherto unheard of. The key drivers that are making this difference are advances in silicon, embedded systems, cloud computing, and cognitive technologies.

"Sasken has been at the helm of enabling technologies that touches and betters lives. Over the past two and a half decades, we have enabled our customers to build cutting-edge solutions that have been breakthroughs in their respective markets. We are working with technology leaders to enable cognitive technologies that help define the world of tomorrow in areas such as car, home, wearables and devices, industrials, and retail. We are very proud of our heritage and are continuing to build a new future which is really going to make a difference in the new world we are embarking on."

About Sasken:

Sasken is a leader in providing Product Engineering and Digital Transformation services to global tier-1 customers. Sasken's deep domain knowledge and comprehensive suite of services have helped global leaders maintain market leadership in industries such as Semiconductors, Automotive, Enterprise grade Devices, Smart Devices and Wearables, Industrials, Retail, Satcom, and Telecom. Visit www.sasken.com for more information.

Media contacts:

Sherin Varghese | sherin.varghese@bm.com | +91 89396 96074

Sasken Communication Technologies Limited published this content on 17 February 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 February 2017 13:48:10 UTC.

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