Satyam - Nipuna in $8 million deal with Germany's 4K Animation

MUMBAI: Nipuna Services Ltd, Satyam Computer's BPO subsidiary and the eSCM Capability Level 4 service provider, has signed a deal along with 4K Animation GmbH, a German animation company for various animation projects. 

The deal size is worth Euro 7 Million (equivalent to $ 8 million) for animation.

4K Animation focuses on the development and production of innovative digital special effects and 3D character animation for film and TV productions.

According to an announcement placed by the company in the Bombay Stock Exchange (BSE), Nipuna will work jointly with 4K Animation on animation projects for a Hollywood film (an International action, adventure and fantasy motion picture directed by Paul Nicholas), 3D Animation for TV production and commercials.

"Nipuna has been investing continuously to build its niche competencies and best-in-class execution services. The 4K Animation engagement is a significant milestone in validation of our high class delivery outsourcing strategy," said Nipuna Chief Executive Officer (CEO) Venkatesh Roddam.

Nipuna will provide VFX and CGI services along with the German company. The 4K Animation global team with professionals from seven nationalities would be working along with Nipuna team on the same projects. Nipuna will deliver these projects from its delivery centers in Hyderabad, Chennai and Bangalore.


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