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Wipro Ltd Acquires Minority Stake In Axeda Corporation

Monday, 3 Jun 2013 08:01am EDT 

Wipro Ltd announced that the company has entered into an Agreement to enter into a strategic partnership and take a minority stake in Axeda Corporation, a provider of Cloud-based Service and Software for Managing Connected Products and delivering Machine-to-Machine (MM) Applications. Terms of the acquisition were not disclosed. 

Company Quote

6.6 +1.15%
5:10am EST