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Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
18 January, 2025 12:18 IST
Infosys inks pact for divestment of entire investment in Cloudyn
Source: IRIS | 03 Jul, 2017, 08.33AM
Rating: NAN / 5 stars.
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Infosys has signed an agreement for divestment of its entire investment in Cloudyn Software for a total consideration of approximately USD 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.

Shares of the company gained Rs 6.15, or 0.66%, to settle at Rs 935.65. The total volume of shares traded was 79,652 at the BSE (Friday).

   
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