Analysys Mason Acquires AI and ML Consultancy Modulai - Via Satellite
High confidence: full text extraction produced 1339 characters.
Consulting firm Analysys Mason has acquired Swedish AI and ML consultancy Modulai in a move to add specialist technical AI, ML and agentic solutions capabilities to its business. Financial terms of the deal were not disclosed.
Modulai was founded in 2018 and has a team of around 35 engineers with deep expertise in ML and agentic solutions development, including generative AI, computer vision, natural language processing, advanced recommender systems and robotics. The team develops customised ML and agentic solutions for businesses.
Analysys Mason noted this acquisition will allow the company to support clients with large-scale AI transformations, AI due diligence, and AI implementation across a range of sectors. Partner Christopher Baugh noted in a LinkedIn post this will mean new capabilities and offerings for the firm’s space clients.
“We have built Modulai around technical excellence and real-world AI and ML delivery. As part of Analysys Mason, we can apply that expertise at a greater scale, alongside trusted advisers to businesses, investors and governments worldwide,” Modulai co-founder and CEO Josef Lindman Hörnlund said in a statement.
Analysys Mason’s business spans telecoms, digital infrastructure, space, defense, and manufacturing. The company acquired NSR, one of the leading space consulting firms, in 2022.