Infosys acquires stake in US-based Trifacta
The Dollar Business Bureau The Bengaluru based, second largest Indian IT company Infosys, said on Thursday that it has acquired a minority stake in the San-Francisco based data visualisation start-up Trifacta. The amount is yet to be disclosed. Trifacta has raised till date $76.3 million in four rounds of venture funding this year.Trifacta develops productivity platforms that enables non-technical users to transform data for analysis, easily. As per the agreement, Trifacta will give data wrangling solution for the Infosys’ IIP (Infosys Information Platform) and other platforms that Infosys uses. “Trifacta’s market-leading technology will enable Infosys clients to bring together diverse and disparate data into more digestible form for downstream analysis." said Ritika Suri, Senior Vice President, Corporate Development, Infosys.Significantly Infosys’s investment ...
Government receptive to investors issues: Jaitley
The Dollar Business Bureau Industry body Confederation of Indian Industry (CII) in partnership with US-India Business Council (USIBC) hosted Arun Jaitley, Minister of Finance for a high level luncheon meeting with top US multinationals on June 22 in San Francisco. Companies such as Microsoft, Applied Materials, Amazon, Oracle, Hewitt, Visa, Google, Cisco and Blackberry among others were present for the meeting. Jaitley while highlighting the improved economic and investment conditions in India mentioned that the improvement in monsoon prediction and prospects of the agriculture sector doing better would further scale up economic growth prospects. He also spoke about the manufacturing sector having a better run now after a long period of slowdown. He also highlighted that micro attention is being ...
