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26 April, 2024 16:49 IST
Persistent Systems makes investment in Hyginex
Source: IRIS | 24 Mar, 2014, 10.49AM
Rating: NAN / 5 stars.
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Hyginex has received an investment from Persistent Systems, the global leader in software products and technology services.

The investment through Persistent Venture Fund allows Hyginex to expand its operations in the US to continue its mission to save lives by helping healthcare facilities improve hand hygiene.
 
'This important new relationship between Hyginex and Persistent Systems allows Hyginex access to Persistent's experience and knowledge as leaders in the technology world,' said Shiva Swami, chief executive officer, Hyginex.

'Through this investment, Persistent would be able to help Hyginex reach its goals of making significant changes in improving patient safety and increasing quality standards in healthcare facilities.'

'Hyginex's unique approach based on innovative wearable technology protects patients in hospitals and improves global healthcare,' said Sridhar Jagannathan, chief innovation officer, Persistent Systems and Head of the Persistent Venture Fund.

'To this investment in Hyginex, Persistent brings its expertise and focus on emerging medical technologies.' 

Shares of the company gained Rs 2.9, or 0.27%, to trade at Rs 1,081.15. The total volume of shares traded was 2,655 at the BSE (10.40 a.m., Monday).

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