M&A M&A
Tata Communications acquires 51% of US-based enterprise SaaS solutions provider Commotion Inc for Rs
Source Commotion Inc (opens in a new tab)BSE Announcement (opens in a new tab)Mint (opens in a new tab)
Mumbai-headquartered Tata Communications has acquired a 51% stake in Los Angeles, USA-based Commotion Inc ., an AI-native enterprise SaaS company with operations in the USA and India, for USD 25.5 million (INR 227 crore). The acquisition aims to strengthen AI adoption across Tata Communications’ digital fabric portfolio, particularly enhancing its customer interaction suite.The deal, executed through its wholly owned subsidiary Tata Communications (Netherlands) B.V., was completed on December 1 and includes both the purchase of shares from existing investors and a fresh capital infusion into the company.Commotion supports global enterprises through three core offerings: omnichannel CX automation for real-time, data-driven and hyper-personalised communication. Voice AI solutions powered by ultra-low-latency speech-to-speech AI models.