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 PTI.
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Ericsson has plans to have a team of around 300 highly qualified engineers in GAIA by end of 2019 of which half are expected to be located in India.
“We continue to be on our target and towards our objective we have hired more than 75 engineers between Bangalore and Chennai and with a couple of dozen more expected to join in the coming months and we continue to recruit actively,” Tyagi said.
Source: Economic Times
