4.8.16

Infosys invests $4 million in Israeli firm Cloudyn

Infosys invests $4 million in Israeli firm Cloudyn


Infosys Limited is an Indian multinational corporation has announced investing $4 million (Rs.27 crore) in Cloudyn,an Israeli corporation, providing software as a service (Saas) solutions for the management and optimization of hybrid, multi-cloud deployments.

The investment in Cloudy is part of CEO Vishal Sikka's strategy to look at investments in high technology startups in US and Israel, which it can leverage to offer its services to its global customers. Cloudy is the seventh investment for Sikka, who has built a $500 million war chest to invest in startups to access technologies that would help Infosys grow in a non-linear way to achieve his vision 2020 target.

So let's do:
1. Name the software company, which has annound investing $4 million (Rs.27 crore) in Israeli firm Cloudyn?
2. Who is the CEO Infosys Limited?

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