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...DST invested $315 million in German startup incubator Rocket Internet
Digital Sky Technologies (DST Global), the global investment fund led by Yuri Milner, appears to be a major investor in German startup incubator Rocket Internet. According to the incubator’s slide deck, found by The Manager magazine, DST has already pumped $315...Oracle to sell stake in Oracle Financial Services Software
Live Mint 8 May 2013 The company will reduce its current 80.3% ownership stake in OFSS to 75% as required by the market regulator Mumbai: Oracle Corp. on Wednesday said it will reduce its current 80.3% ownership stake in Oracle Financial Services Software Ltd (OFSS)...