Ericsson acquires Niche AI workforce for India centre
Ericsson is building up a team of around 300 highly qualified engineers in Global Artificial Intelligence Accelerator (GAIA) by the end of 2019.It has acquired workforce of Bengaluru-based Niche AI, and looking for many more buyouts to build a team of 150 high-tech engineers for India operations this year.
Ericsson started GAIA last year to develop open-source solution to modernise telecom network, using AI and machine learning.
They are looking for both organic and inorganic hiring i.e. Firstly organic hiring is one by one through recruitment off the market, as well as what you might call as inorganic, which is more through acquisitions and acquihires.
Tyagi said they 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.
The company is just focusing on acquiring talents not their assets like patents, clients etc. 5G technology will start spreading, there will be a huge proliferation of the internet of things devices and a large number of different elements in the network.
They are leveraging machine learning techniques to optimize the volume of signalling needed between a 5G handset and the radio base station to conserve battery life.
Niche AI was of the one company that we found suitable. Is a ‘acquihire’ was in single digits in terms of the size of the workforce,” Tyagi said.