Satyam's BPO unit inks deal with German co

Satyam Computer Services Ltd on Tuesday said its business process outsourcing subsidiary, Nipuna Services Ltd has signed a seven million Euros deal with a German animation company, 4K Animation GmbH, for various animation projects.

Nipuna will work jointly with 4K Animation on animation projects for a Hollywood film, 3D animation for a TV production and commercials, and will deliver these projects from its delivery centres in Hyderabad, Chennai and Bangalore, the company informed the Bombay Stock Exchange.

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

"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," Venkatesh Roddam, chief executive officer, Nipuna said.