Route Mobile to buy AI firm Phonon for Rs29 crore
By
Biju Kumar
New Delhi: Communication platform company Route Mobile will acquire AI platform provider Phonon Communications Pvt Ltd in an all cash deal for Rs 29 crore, to offer automation and contact center solutions at scale to enterprises globally.
Upfront consideration will be paid out upon closing of the transaction and deferred consideration will be paid out in 4 four tranches, the company said in a statement Thursday.