Wipro has informed that, during the period 2016-19, the company acquired minority stake of less than 20% in IntSights Cyber Intelligence (IntSights), a cyberthreat intelligence service provider, for an aggregate investment of US$ 4.21 Mn. This investment was made through Wipro Ventures, the strategic investment arm of the company. As part of recently announced acquisition of IntSights by Rapid7, Inc., the company has sold its entire stake in IntSights for a consideration of US$ 19.17 Mn. Consequent to the sale, the company does not hold any stake in IntSights.
The above information is a part of company’s filings submitted to BSE.
