Sasken Communication files for IPO

By agencies   |   Friday, 20 May 2005, 19:30 IST
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MUMBAI: Sasken Communication Technologies Ltd., a telecoms research and development company, said on Friday it had filed papers for an initial public offering of shares. The Bangalore-based company, which also provides software and consultancy services to leading semiconductor makers, telecom gear makers and global handset players, said it would offer 5 million shares in the IPO. The price will be decided later.