Wipro today said it has acquired a minority stake in cloud applications systems integrator Drivestream for $5 million.

Intel Capital's Venu Pemmaraju and Oracle’s Biplab Adhya will lead the team, and report to Rishad Premji, the chief strategy officer.

The $100 million innovation fund was created in 2013, but experts said the entry of Vishal Sikka as CEO would make the company put the capi...

Of late, both of them have lost quite a bit of their sheen as they struggled to adjust with changing customer demand in an uncertain global...

The Bangalore-based company was made to exit after Nasdaq-listed PTC bought Axeda for $170 million in cash in July this year.

Rishad, son of chairman Azim Premji, has led the company to also invest in two startups, the valuation of one of them has more than tripled...

India's third-largest IT services company is in talks with startups Flytxt, 99tests and Avekshaa Technologies for strategic tie-ups.

Over the past few years, Wipro has already made minority investments in two such startups, namely Axeda and Opera.

Tech Mahindra is discussing a stake acquisition in social business intelligence startup Simplify360, as part of strategic initiatives to bo...

Although the company coined the acronym widely used in the industry, Cognizant was not expecting big revenues quickly from SMAC.It is set t...

IT cos partner with tech startups to complement portfolio offerings as building their own solutions would be time-consuming and resource-in...

Wipro will receive top-priority commitment from Axeda and preferential benefits like dedicated access to Axeda's trained technical resource...

Wipro today said it has inked a pact with Axeda Corp to offer end-to-end solutions for leveraging machine-to-machine (M2M) communication.