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Infosys inks agreement for divestment of entire investment in Cloudyn

01 Jul 2017 Evaluate

Infosys has signed an agreement for divestment of its entire investment in Cloudyn Software for a total consideration of approximately $4,400,000. The divestment is due to Microsoft signing a definitive agreement for the acquisition of Cloudyn.

Recently, the company had launched ‘Infosys Boundaryless Data Lake’ offering powered by its Information Grid Solution on Amazon Web Services (AWS).

Infosys is a global leader in technology services and consulting. It enables clients in more than 50 countries to create and execute strategies for their digital transformation.


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Company Name CMP
TCS 2163.00
Infosys 1024.05
HCL Technologies 1214.30
Wipro 162.70
Tech Mahindra 1517.05
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