Sasken Technologies rises on entering into strategic partnership with VicOne
Sasken Technologies is currently trading at Rs. 1523.05, up by 29.95 points or 2.01% from its previous closing of Rs. 1493.10 on the BSE.
The scrip opened at Rs. 1529.65 and has touched a high and low of Rs. 1530.65 and Rs. 1511.45 respectively. So far 142 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2365.55 on 10-Dec-2024 and a 52 week low of Rs. 1276.55 on 09-Apr-2025.
Last one week high and low of the scrip stood at Rs. 1631.20 and Rs. 1462.60 respectively. The current market cap of the company is Rs. 2309.28 crore.
The promoters holding in the company stood at 43.07%, while Institutions and Non-Institutions held 19.74% and 37.19% respectively.
Sasken Technologies has entered into strategic partnership with VicOne, an automotive cybersecurity solutions leader, to strengthen in-vehicle and fleet-wide cybersecurity for global OEMs and Tier-1 suppliers. VicOne is the Trend Micro subsidiary. VicOne brings its End-to-end automotive cybersecurity solution, including xCarbon (in-vehicle intrusion detection and prevention system), vSOC (fleet monitoring and response), and EVSE Security (electric vehicle charging infrastructure protection) to the partnership. Purpose-built for vehicles and EV charging infrastructure, VicOne’s solutions provide fleet-scale visibility, actionable intelligence, and contextual insights into emerging threats, backed by proven automotive cybersecurity expertise and the industry’s most comprehensive threat intelligence, enriched with over 70 million new data entries every month.
As part of the collaboration, Sasken will leverage its over three decades of engineering, validation, and system integration expertise to co-sell, integrate, and operationalize VicOne’s cybersecurity solutions. This partnership will enable OEMs and Tier-1s to deploy cybersecurity at scale across ECUs, operating systems, and cloud systems, with audit-ready evidence, reduced investigation time, and hardened charging infrastructure. With this partnership, Sasken and VicOne are also exchanging competencies. Training Sasken engineers on core VicOne technologies, enabling strategic system integration opportunities for VicOne, besides working closely together so Sasken engineers can deliver advanced automotive security options for higher-level platforms, OEMs, operating systems, and services.
