BANGALORE, India and KAUSTINEN, Finland -- Sasken Communication Technologies Ltd (Sasken), a pioneer in the telecom R&D and support space, today announced the 100% acquisition of Finland based Botnia Hightech Oy (Botnia), a leading provider of wireless R&D and testing services. Sasken will pay € 35.5 million (Euros Thirty Five point five million) for Botnia in an all cash deal.

Based at Kaustinen, Finland, Botnia Hightech is an important supplier of Hardware, Software, Mechanical Design and Testing Services to leading mobile handset vendors. Botnia’s services can be applied in R&D projects, subprojects, tester design, as well as in cost reduction. They also offer tailor-made turnkey solutions. Botnia Hightech Oy’s main operations are in Finland with additional operations in Denmark and Germany . For the year ended April 30, 2006, Botnia reported revenues of € 17.7 million with a Profit After Tax of € 2.9 million.

Sasken has been a leader in providing 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.

Rajiv Mody, Chairman of the Board and Chief Executive Officer, Sasken said, “We are tremendously excited by the opportunities that this deal opens up for both Sasken and Botnia. Europe leads the world in the development of wireless technology. Botnia’s European presence and their expertise combined with Sasken’s global reach and India based development centers will enable us to offer a compelling portfolio of value added solutions to our customers across the globe.”

“Botnia Hightech Oy has established itself as a successful high-tech company that is a household name in Finland. In Sasken, we have found an ideal partner to build on this strong foundation and become a global leader in the wireless communication space. We expect growth in our Finland business, as well as to gain the ability to serve global customers through this partnership. The cultural affinity between our two organizations will be the key factor in the success of our joint endeavors,” says Matti Paasila, Chairman of the Board of Botnia.

Sasken Communication Technologies Ltd.