Wipro to invest $30M in US-based Big Data firm Opera Solutions

VC Circle 8 May 2013
Azim Premji-led Wipro Ltd, India’s third largest software services provider, has signed an agreement to enter into a strategic partnership with Opera Solutions LLC, a privately held and New Jersey-headquartered Big Data analytics firm. Wipro will invest $30 million in the company to take a minority stake, according to a company disclosure.
“This strategic partnership with Opera Solutions will help us further extend our leadership in the Big Data analytics space, as it combines Opera Solutions’ machine learning expertise, pre-discovered predictive signals and algorithms with Wipro’s proven domain & technology expertise and global delivery model to create industry-specific Big Data analytics solutions. It also enables our customers to maximise the ROI of Big Data analytics implementation through faster adoption,” said KR Sanjiv, Wipro’s senior VP and global head (analytics) and information manager.
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