-10.20 (-0.90%) 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.