Altruist has acquired Kolkata based iConnectiva, Telecom Revenue Assurance/ Fraud Management and Big Data Analytics, in an all cash deal. iConnectiva has multiple deployments across Africa, South East Asia and the Indian sub-continent.
iConnectiva has developed a Big data Analytics platform called CMetricA based on open source technologies. CMetricA is an integrated solution for all layers from data storage to runtime analytics, batch analytics and complex event processing. iConnectiva is deploying state-of-the-art prepaid analytics solutions with predictive modules, asset assurance engines etc. Being a part of Altruist would open huge possibilities of consumer Social Analytics for iConnectiva.
This acquisition follows the recent acquisition of Bubble Motion, a celebrity blogging solution.
iConnectiva will continue to operate as an independent enterprise from Kolkata with synergies being extended across the Altruist group companies for mutual benefit. The geographical spread of the Group will now be more than 40 countries across 4 continents.
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