Airties buys Indian telecom startup Aprecomm to add self-healing software capabilities
French AI-driven telecom software company Airties has acquired Indian startup Aprecomm to expand internationally, bolster its Internet Service Provider (ISP) and broadband customer base, and drive research and development (R&D).
The companies, however, did not disclose the financial terms of the deal.
Aprecomm, founded in 2016 and headquartered in Bengaluru, provides self-healing Wi-Fi and broadband network solutions for ISPs.
Today, Aprecomm manages more than 7 million homes and business locations, serving more than 50 ISPs worldwide. It has raised $3.91 million in two funding rounds, including a strategic investment from wireline internet provider ACT Fibernet, according to data from market intelligence firm Tracxn.
Under the terms of the agreement, Aprecomm will operate as a subsidiary of Airties following the close of the deal.
Aprecomm will continue to provide tailored solutions to serve its customers and the markets in which it operates.
“Aprecomm is very well positioned in growth markets like India and Southeast Asia, so we now have an unmatched foundation to accelerate our expansion further across Asia-Pacific and into South America, two markets where demand for intelligent connectivity is growing at extraordinary speed,” said Metin Taskin, CEO and co-founder of Airties.
“Joining Airties, the industry’s pioneer and leader in advancing connectivity experience, is a strong validation of the vision that has shaped Aprecomm from the start,” said Pramod Gummaraj, CEO and co-founder of Aprecomm.
“This combination brings together Airties’ global reach and Aprecomm’s AI-native platform. With our edge AI, cloud-native architecture, and vendor-agnostic design, we have a strong foundation to deliver smarter, more scalable connectivity experiences to service providers worldwide,” said Guharajan Sivakumar, CTO and co-founder of Aprecomm.
