Wipro Ltd.

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Wipro picks minority stake in Intsights Cyber Intelligence for $1.5 million

Date: 19-08-2016

Wipro has picked up a minority stake in Israeli cyber-security startup Intsights Cyber Intelligence for $1.5 million, months after the Bangalore-based firm invested in Israeli venture capital firm TLV Ventures. The software major has picked up a minority stake of less than 20% on a fully diluted basis.

Intsights offers a Threat Intelligence driven security platform employing cyber intelligence, rapid mitigation and one click remediation.

Wipro is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better. The company has a dedicated workforce of over 170,000, serving clients across 6 continents.