Wipro signs definitive agreement to acquire minority stake in

IT major Wipro today said it has signed a definitive agreement to acquire a minority stake in the US based independent application security company Denim Group.
The partnership will bring together Wipro's strong digital transformation and cybersecurity capabilities with Denim Group's application security consulting, assessments and implementation services including DevSecOps and secure development training services, the company said in a release.
This, coupled with Denim Group's flagship product ThreadFix, the premier application vulnerability correlation and resolution platform, will offer customers significant value in mitigating cybersecurity risks, it said.
"Wipro's investment in Denim Group reflects our continued commitment to assist our customers in simplifying digital risk management by enabling them to roll out secure software faster," Wipro Limited Vice President & Global Head, Cybersecurity & Risk Services Sheetal Mehta said.

She said it strengthens Wipro's portfolio of digital transformation services as well as taps into services for embedding security in software development methodologies such as Agile & DevOps.