INDIA: Blue Star Infotech Ltd has entered into definitive agreements for a strategic alliance and investment in the equity of Activecubes Solutions India Pvt. Ltd., 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. Blue Star Infotech and Activecubes have a strong presence in the US, with significant areas of synergy and leverage.