Infosys announces USD 4 million investment in Cloudyn

Q.  Which global software major announced on 3rd August 2016 that it was investing USD 4 million in Israeli corporation Cloudyn?
- Published on 04 Aug 16

a. Infosys
b. HCL
c. IBM
d. None of the above

ANSWER: Infosys
Global software major Infosys on 3rd August 2016 announced the investment of USD 4 million or INR 27 crore in Israeli corporation Cloudyn, providing software as a service solutions for management and optimisation of hybrid, multi-cloud deployments.
  • Cloudyn has enabled enterprises to manage and optimise multi cloud deployments.
  • Infosys investment came after rival Wipro said it was purchasing HR Given, another Israeli firm for an undisclosed amount.

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