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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.


Peers
Company Name CMP
TCS 2495.10
Infosys 1163.00
HCL Technologies 1430.00
Wipro 196.10
Tech Mahindra 1785.40
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