Infosys Ltd.

BSE: 500209 | NSE: INFY
Large Cap | IT - Software
1120.00
-10.20 (-0.90%)
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Infosys makes additional investment of $1.5 million in TidalScale Inc

Date: 17-09-2018

Infosys has made an additional investment of $1.5 million through the Infosys Innovation Fund in TidalScale Inc., the company at the heart of the Software-Defined Server revolution. Infosys had previously invested $1.5 million in TidalScale Inc. in 2016 taking the cumulative investment as of date to $3.0 million. The investment is expected to be completed by September 28, 2018 subject to necessary approvals.

TidalScale’s award-winning Software-Defined Servers deliver in-memory performance at any scale, are self-optimizing, use standard hardware, and are compatible with all applications and operating systems.

Infosys is a global leader in technology services and consulting. The company enables clients in 45 countries to create and execute strategies for their digital transformation.