• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » Infosys up investment by US$1.5m in US-based TidalScale

Infosys up investment by US$1.5m in US-based TidalScale

In a statement, Infosys said the additional investment is made through its innovation fund. The company first invested US$1.5 million in the California-headquartered company in 2016.
Software and outsourcing major Infosys said it invested an additional US$1.5 million in US-based virtual servers provider TidalScale, doubling its investment to US$3 million.

Software and outsourcing major Infosys said it invested an additional US$1.5 million in US-based virtual servers provider TidalScale, doubling its investment to US$3 million. In a statement, Infosys said the additional investment is made through its innovation fund. The company first invested US$1.5 million in the California-headquartered company in 2016. TidalScale’s servers deliver in-memory performance at any scale, are self-optimizing, use standard hardware and are compatible with all applications and operating systems. The servers also enable organizations to create systems of any size, using the commodity servers they have while requiring no software changes. Infosys said the investment is expected to be completed by September 28, 2018, subject to necessary approvals. Earlier, Infosys said it was buying Europe-based Salesforce consultant Fluido for US$76 million. Finland-based Fluido is a privately held firm that was founded in 2010. The acquisition marks the company’s second acquisition under chief executive officer Salil Parekh, who took over nine months ago.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image