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Wipro divests its entire stake in IntSights

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Capital Market

For consideration of USD 19.17 mn

Wipro has divested its entire stake in IntSights for a consideration of USD 19.17 million.

During the period 2016-19, Wipro acquired minority stake of less than 20% in IntSights Cyber Intelligence (IntSights), a cyberthreat intelligence service provider, for an aggregate investment of USD 4.21 million. This investment was made through Wipro Ventures, the strategic investment arm of Wipro.

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First Published: Jul 20 2021 | 9:35 AM IST

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