Wipro Invests in Leading M2M Platform Provider Axeda

• Security Code: 507685
• Company: WIPRO

Wipro Ltd has informed BSE that the company has entered into an Agreement to enter into a strategic partnership and take a minority stake in Axeda Corporation, a leading provider of Cloud-based Service and Software for Managing Connected Products and delivering Machine-to-Machine (MM) Applications.

The Company has submitted to BSE a copy of the Press Release in this regards.