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Blue Star Infotech to make strategic investment in Activecubes

31 May 2013 Evaluate

Blue Star Infotech, the global software services and solutions provider, has entered into definitive agreements for a strategic alliance and investment in the equity of Activecubes Solutions India, a global firm operating in the Decision Management Space. Activecubes is a leading provider of Business Intelligence and Analytics solutions.

Emerging technologies such as BI/ Analytics and mobility are a key component of the company’s strategic focus areas for growth in the near future and this alliance will enable Blue Star Infotech to strengthen its foothold in this space. Being a cash rich company, Blue Star Infotech plans to enhance its capabilities through the inorganic route and investment in Activecubes is a step towards that growth path.

Both Blue Star Infotech and Activecubes have a strong presence in the US, with significant areas of synergy and leverage.

Blue Star Infotech has been ranked 12th amongst the top fifteen global R&D service providers by Zinnov Management Consulting, in a first-of-its-kind ranking of the Top Global Outsourced Product Development service providers across geographies such as India, China and Eastern Europe

Peers
Company Name CMP
TCS 2581.65
Infosys 1318.60
HCL Tech. 1442.50
Wipro 204.35
Tech Mahindra 1511.85
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