Mumbai, Dec. 2 -- Tata Communications on Tuesday announced it has acquired a 51 per cent stake in Commotion Inc., a US-based AI-native enterprise SaaS company, in a strategic move to strengthen its AI-led customer experience and digital transformation capabilities.

The deal, executed through its wholly owned subsidiary Tata Communications (Netherlands) B.V., was completed on December 1.

The acquisition, valued at approximately USD 25.5 million (Rs 227 crore), includes both the purchase of shares from existing investors and fresh capital infusion into the company.

The transaction is fully cash-based and does not qualify as a related-party arrangement, the company informed stock exchanges in a filing on Tuesday.

Commotion Inc., incorpor...