Tecnotree to acquire CognitiveScale.

Tecnotree, a company in 5G digital business support systems, agreed to acquire CognitiveScale, a company in the space of AI Engineering and provides solutions for scalable enterprise AI development and deployment. Financial terms were not disclosed. “Tecnotree's long-term goal is to deliver intelligent insights that will accelerate 5G monetization and total experience capabilities for its customers globally. This goal is now actualized via the CS cortex platform and will deepen our current telecom use cases and further establish Tecnotree as a Digital Service Provider in the North American Market. CS comes with a rich set of customers in the Healthcare and Fintech verticals that will have a positive multiplier effect in our B2B2X ecosystem play. This transaction is aligned with our current global strategy and customers’ expectations,” Padma Ravichander, Tecnotree Corporation CEO.