![]() Parag Naik, Co-founder and CEO of Saankhya Labs said, "We are delighted to become a part of Tejas Networks, which is India's leading telecom equipment company. We expect that this acquisition will accelerate our roadmap to create a full range of trusted and secured, world-class telecommunication products." We are excited to welcome the highly talented and experienced team of Saankhya and the intellect and domain expertise they bring for wireless as well as semiconductor design. Saankhya's products would complement our existing 4G/5G Radio Access Network (RAN) products and positions us well for the emerging opportunities in the O-RAN and 5G Broadcast space. ![]() This acquisition shows our continued commitment to expand our wireless product offerings to address the growing market opportunity. Sanjay Nayak, CEO & MD of Tejas Networks said, "We are committed to our vision to create a global telecom equipment company from India, which will provide an end-to-end stack of world-class products and solutions based on latest technologies and customer requirements. Saankhya has a strong technology team of more than 250 engineers, with deep expertise in wireless communication systems and fabless-semiconductor design. With a rich IPR portfolio and 73 international patents (41 granted, 32 filed), Saankhya is a pioneer in building software defined radios (SDR), powered by its own SDR chipsets. Saankhya was founded in 2007 by technology entrepreneurs with global experience and has developed a wide range of system and semiconductor products for cellular Wireless, Broadcast radios and Satellite communication ground-terminal, which are deployed by customers in India and in international markets. Tejas Networks, upon procuring all necessary consents and approvals, also intends to proceed with acquiring the balance 35.60% shares through a merger process or a secondary acquisition. The initial acquisition of Saankhya shares is expected to close within the next 90 days. Bangalore ("Saankhya") for INR 283.94 Cr in cash. To enhance your sound system and improve your home theatre experience, we also offer state-of-the-art televisions and advanced video devices, including 3D Blu-ray players, that can help you create a stunning cinematic experience at home.BENGALURU, India, Ma/PRNewswire/ - Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that it has signed definitive agreements to acquire 64.40% of shares of Saankhya Labs Private Ltd. ![]() Whether you’re listening to music or watching the latest blockbuster film, LG soundbars allow you to immerse yourself in rich, detailed sound. ![]() 3D Surround Processor: Select soundbars feature 3D surround processors, which provide full, immersive sound to accompany your favourite 3D entertainment. Whether it’s on a wall, on a shelf – high or low – our wireless soundbars offer the ultimate in flexibility. Wireless Technology: With wireless soundbars from LG, you can easily, and stylishly, place your soundbar where it will best suit your needs. In addition, our soundbars offer an array of mounting options – which allow you to maximise space and improve your entertainment system’s configuration. Revolutionary Slim Design: LG soundbars feature ultra-slim designs to fit any décor. Smart TV Access: Select LG soundbars provide you with push-button access to limitless Smart TV content, including VoD services and a wide range of LG apps. LG Sound Gallery: Available in select Blu-ray soundbars, the LG Sound Gallery allows you to choose from seven sound genres for a perfect acoustic experience. Our wireless active subwoofers can be placed anywhere in the room. Wireless Subwoofer: Enjoy deep bass sound in any location. Explore some of the many features that make LG soundbars must-have audio devices: Bluetooth Streaming: This unique feature allows you to connect your soundbar to a range of portable devices, such as MP3 players and laptops, and enjoy music and other digital content in full, rich sound.
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