Wipro Invests $5M In Divestream


Wipro and Drivestream have signed an agreement to enter into a strategic partnership to build an integrated Cloud Solutions stack. As part of this arrangement, Wipro is investing $5 million in Drivestream, an Oracle cloud applications systems integrator. Wipro has an investment arm called Wipro Ventures, a $100 million fund focused on investing in start-ups.

[Image courtesy: Drivestream]

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.