Infosys Ltd.

BSE: 500209 | NSE: INFY
Large Cap | IT - Software
1120.00
-10.20 (-0.90%)
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Infosys inks agreement for divestment of entire investment in Cloudyn

Date: 01-07-2017

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.