Sasken Communication Technologies acquired Botnia Hightech, a provider of wireless R&D and testing services, for € 35.5 million in an all cash deal. Botnia Hightech is a supplier of hardware, software, mechanical design and testing services to mobile handset vendors.
Sasken is a provider of R & D and support outsourcing services to companies across the communications value chain. This acquisition is expected to help Sasken scale its offering portfolio faster. Sasken has been focusing on a strategy of deepening relationships with Tier 1 customers and Botnia’s customer base will further complement the same. The acquisition also gives Sasken a presence in Finland, which will add to its global development centers in Mexico and China, apart from its centers in multiple locations in India.