Sasken Technology partners with Cohda Wireless

Sasken Technologies has entered into a strategic technology partnership with Cohda Wireless. The shares reached an intraday high of 2 per cent on Tuesday and could witness significant movement on the bourses on Thursday. 

The partnership is focused to accelerate the adoption of V2X (vehicle-to-anything) in the connected vehicles space utilizing either cellular or DSRC (dedicated short range communication) technologies. The companies have partnered to create a complete TCU (Telematics Control Unit) software reference design that would include Sasken's TCU software and middleware coupled with Cohda Wireless' DSRC/C-V2X (cellular V2X) stack and applications. 

Sasken Technologies offers a range of services in areas of research & development consultancy, wireless software products and software services, and works with network OEMs, semiconductor vendors, terminal device OEMs and operators across the world. 

On Tuesday, the shares of Sasken Technology opened at Rs. 713.35 against Monday’s close of Rs. 714.35. At closing hours, the stock was trading at Rs. 718.85, 0.63 per cent higher than the previous close. It reached an intraday high of Rs. 730.75 and an intraday low of Rs. 710 per share on the BSE. The 52-week high stood at Rs. 1,140 and 52-week low was at Rs. 571.45 per share on the BSE.