Lymbyc the AI arm of Larsen & Toubro Infotech Ltd has acquihired early-stage AI/ML Startup Inferencia Logic to boost its capabilities in natural language processing, advanced analytics, and data visualization. The Bengaluru-based AI Startup Inferencia Logic was founded by Paras Agarwal and K Chandra Sekhar in March 2018 and it specializes in machine learning, artificial intelligence, and advanced analytics.
Acquihire transactions are a frequent phenomenon in the technology sector. Even as digital becomes the latest normal and disruption the accepted norm; tech talents have assumed vital significance for the success of corporations. Tech giants are adopting innovative strategies to attract best-in-class available talent and acquihiring deals are thus on the rise.
Startups are targeted by big companies to acquihire talent due to their niche expertise, highlevel of engagement, and entrepreneurial experience. Sectors such as Artificial Intelligence, Machine Learning, Virtual Reality, Augmented Reality, Predictive Analysis, 3D Printing, Blockchain Technology, and Internet of Things are frequently chosen by MNCs to access top tech talents.
The war for tech talents has further intensified as tech giants and unicorns have entered the competition to acquihire skilled and in-demand talents. It is a while now that Tech giants such as Google, Facebook, Amazon, and Intel have been tapping niche tech talents through the acquihire route. Unicorns like Swiggy, Ola, and others are not far behind and are frequently acquihiring Startups that demonstrate talent competence in areas such as IOT, AI, ML, Analytics, etc.
LTI offers services in segments such as IT Consulting, Cloud Computing, Cyber Defense Resiliency Services, etc, and thus is always in search of highly skilled tech talents. The acquihiring of Inferencia Logic thus best serves its purpose to boost its tech capabilities.
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TSeveral leading companies have availed our acquihiring consulting services to create teams having the latest analytical skills in IOT, AI, and RPA. Our acquihire deals have also assisted the big corporations to build an innovative and bold entrepreneurial culture.
Tag: L&T, Lymbyc,Inferencia, AI/ML