Tejas Networks announced that it has signed definitive agreements to acquire 64.40% of shares of Saankhya Labs Private Ltd. Bangalore (Saankhya) for INR 283.94 Cr in cash. The initial acquisition of Saankhya shares is expected to close within the next 90 days. Tejas Networks, upon procuring all necessary consents and approvals, also intends to proceed…
Saankhya Labs has announced that it has appointed Kiran Deshpande and Amar Maletira to its Advisory Board. Saankhya Labs formed the board of advisors to provide insights, advice, and non-binding recommendations to its Board and Executive leadership team. Parag Naik, CEO of Saankhya Labs said, “As Saankhya continues on its path of innovation and growth…