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Sasken Communication Technologies > Company History > Computers - Software > Company History of Sasken Communication Technologies - BSE: 532663, NSE: SASKEN

Sasken Communication Technologies

BSE: 532663  |  NSE: SASKEN  |  ISIN: INE231F01020  |  Computers - Software

Company History - Sasken Communication Technologies
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.
 
 History and Major Events
 
 The chronology of events since our Company was incorporated in 1989
 is
 as follows:
 
 Year Key Events, Milestones and Achievements
 
 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 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.
Source : Religare Technova

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