Ericsson India acquires stake in Novatium Solutions

NEW DELHI: Home computing services provider Novatium Solutions has received a strategic minority investment from Ericsson India. With this investment Novatium hopes to expand its market reach globally and gain expertise in telecom infrastructure and operator relationships.

Alok Singh, Chief Executive Officer, Novatium Solutions Pvt. Ltd. said, “This strategic relationship with Ericsson encompasses multi-fold innovations in the technology, consumer content & applications and telecom relationships space. It will, provide an impetus to rollout Novatium services globally with market relevant offerings”.