Other Private Equity/Strategic Investments
Infosys to invest addl $450-K in US software firm TidalScale
Bengaluru-based, publicly listed Infosys is investing an additional USD 0.45 million in Campbell, CA (USA)-based TidalScale Inc, a player in the software-defined server domain, taking its total investment in the firm to USD 3.45 million. TidalScale will use the funds for R&D, business development and working capital needs. Infosys has a minority holding of up to 20% in TidalScale.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
