Ericsson acquires Niche AI workforce for India centre

New Delhi: Swedish telecom gear maker Ericsson has acquired workforce of Niche AI for its Bengaluru-based artificial intelligence centre, and looking for more buyouts to build a team of 150 high-tech engineers for India operations this year, a senior company official said. The company started India wing of Global Artificial Intelligence Accelerator (GAIA) last year to develop open source solution to modernise telecom network, using AI and machine learning.

“We are looking at both organic hiring, one by one through recruitment off the market, as well as what you might call as inorganic, which is more through acquisitions and acquihires (acquiring only talents). One such company that we have acquired is Niche AI,” Sanjeev Tyagi, Head of Ericsson R&D Bengaluru told .