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Sasken to acquire Borqs Technologies Inc’s Business to Expand Capabilities and Market Reach

GlobeNewswire LogoGlobeNewswire2w ago

Sasken to acquire Borqs Technologies Inc’s Business to Expand Capabilities and Market Reach - GlobeNewswire

Quick Summary:

Media Contact:Sasken Technologies Ltd: Rekha Sahay GhoshHead of Marketing & CommunicationsE: pr@sasken.comT: +91 80 6694 3009 Borqs Technologies Inc: Sandra DouVP of Corporate FinanceE: sandra.dou@borqs.net Disclaimer on Forward Looking Statements:Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements due to risks or uncertainties associated with our expectations.

HONG KONG, Nov.11, 2024 (GLOBE NEWSWIRE) -- Sasken Technologies Limited (India NSE: SASKEN, BSE: 532663, "Sasken”), a leading global product engineering and digital transformation services company based in India announced today the intent to acquire hardware and software services business of Borqs Technologies, Inc.(U.S.

Many factors could cause actual events or results to differ materially from the events and results discussed in the forward-looking statements, including the possibility that the transactions as described herewith between Borqs and Sasken may not be consummated, or at all, and that the positive benefits of the transactions may not transpire as described herein or at all.

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Article Details

Author / Journalist: Borqs Technologies, Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 14:00:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 815 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 23516748

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 49 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 11 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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  • URL: https://beamstart.com/news/sasken-to-acquire-borqs-technologies-1731334245851

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