Sasken verbal exchange technologies To Get $45 Million In Damages, shares leap

Sasken Communication Technologies expects to receive compensation over the next few days

Sasken verbal exchange technologies expects to receive reimbursement over the next few days
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Sasken verbal exchange technologies stocks jumped 20 in step with cent on Monday following its agreement with Spreadtrum Communications and Beijing UniSpredtrum technology in reference to the unauthorized use of Sasken’s protocol stack IP, investors said.

Bengaluru-based Sasken communication technologies will acquire $forty five million (around Rs 300 crore) as damages/repayment over the following couple of days, the employer knowledgeable the Bombay stock change on Monday.

Sasken conversation technology offers studies and development consultancy, wi-fi software merchandise, software program offerings and community engineering services to semiconductor manufacturers, wi-fi handset developers, community gadget and take a look at and size companies, and carrier providers globally.

Sasken communique technology stocks closed 20 according to cent better at Rs 378.20 compared to 0.4 in line with cent advantage in the broader Nifty.
tale first published on: March 14, 2016 11:02 (IST)

Tags: Sasken communication technology, Sasken communique technologies stocks, Sasken conversation technology agreement