Tata Communications Takes Majority Stake In AI SaaS Firm Commotion




📅 - Tata Communications has agreed to acquire a 51 percent stake in Commotion Inc., an AI-native enterprise SaaS platform provider with operations in the United States and India, in a cash-only transaction executed via a stock purchase agreement. The move is designed to accelerate the integration of artificial intelligence across Tata Communications' so-called Digital Fabric, with a particular focus on its customer interaction and communications platform portfolio.

Commotion's technology will be embedded deeply into Tata Communications' Customer Interaction Suite, which includes Tata Communications Kaleyra, the CPaaS and CCaaS business built around messaging, voice and omnichannel engagement. [...][... Check source for end of article ...]
Tags: Telecom

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