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