Wipro signs partnership, acquires minority stake in US based corporation

Q.  Which software firm has picked up a minority stake in US-based Emailage Corporation, for an undisclosed sum?
- Published on 16 Mar 16

a. Infosys
b. Wipro
c. HCL
d. TCS

ANSWER: Wipro
 
Wipro has made a strategic investment and signed a partnership with Emailage Corporation which is a rapidly growing risk and fraud prevention company in the US. This is in line with its aim to improve its offerings across innovative and strategic sectors. Wipro has made an investment less than 5% of Emailage’s equity.

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