Mobile VAS company Altruist Technologies has acquired Hong Kong and Kolkata-based analytics company iConnectiva in an all-cash deal, reports Techcircle. The deal size hasn’t been disclosed. iConnectiva, which is run by Connectiva Analytics and Insights Ltd., provides fraud management, revenue assurance and big data analytics solutions among others to telecom, media and utility companies. The report claims that iConnectiva will continue to operate as an independent entity following the acquisition. The Hong Kong-headquartered company, which was previously known as Mara-Ison Connectiva Ltd., was founded by Rajesh Sanghi, Arunesh Sharan and Apratim Basu. The CMETRICA Big Data analytics platform developed by iConnectiva is an integrated solution that supports data storage, provides real-time and batch data analytics, etc. The company claims to have a presence in 35 countries in the Middle East, Africa, Europe and India. According to the company website, iConnectiva…
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