Business Wire

Wipro To Acquire Minority Stake in Denim Group, a Leading Application Security Solution Provider

Jaa

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, and Denim Group, a leading independent application security firm, today announced that Wipro has signed a definitive agreement to acquire a minority stake in the U.S. based company.

This partnership will bring together Wipro’s strong digital transformation and cybersecurity capabilities with Denim Group’s application security consulting, assessments and implementation services including DevSecOps and secure development training services. This, coupled with Denim Group’s flagship product ThreadFix, the premier application vulnerability correlation and resolution platform, will offer customers significant value in mitigating cybersecurity risks. ThreadFix is designed to give security practitioners the ability to understand the security posture of their applications and conduct efficient and effective remediation.

“Wipro’s investment in Denim Group reflects our continued commitment to assist our customers in simplifying digital risk management by enabling them to roll out secure software faster. It strengthens Wipro’s portfolio of digital transformation services as well as taps into services for embedding security in software development methodologies such as Agile & DevOps,” said Sheetal Mehta, Vice President & Global Head, Cybersecurity & Risk Services, Wipro Limited.

“We are excited to use this investment to further mature the ThreadFix platform and drive growth,” said John Dickson, Principal, Denim Group. “Collaborating with Wipro will greatly increase our reach, and help fulfill our mission of building a world where technology is trusted.”

About Denim Group

Denim Group is a leading independent application security firm, serving as a trusted advisor to customers on matters of application risk and security. The company helps organizations assess and mitigate application security risk. Denim Group's flagship ThreadFix platform accelerates the process of application vulnerability remediation, reflecting the company's rich understanding of what it takes to fix application vulnerabilities faster.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Contact information

Denim Group Media Contact:
LaunchTech Communications
Kate Davis, +1-410-698-5211
kate@golaunchtech.com
or
Wipro Media Contact:
Wipro Limited
Purnima Burman
purnima.burman@wipro.com

Tietoja julkaisijasta

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

Tilaa tiedotteet sähköpostiisi

Haluatko tietää asioista jo ennen kuin ne uutisoidaan? Kun tilaat tiedotteemme, saat ne sähköpostiisi yhtä aikaa suomalaisen median kanssa. Tilauksen voit halutessasi perua milloin tahansa.

Lue lisää julkaisijalta Business Wire

Global IBC Future Zone and IABM Future Trends Theatre to Explore the Latest Tech Shaping the Industry20.8.2018 14:18Tiedote

IBC2018, the world’s most influential media, entertainment and technology show, today announces the line-up for the IBC Future Zone and IABM Future Trends Theatre. Well established as part of the IBC Exhibition, from 14-18 September, the Future Zone brings together the very latest ideas, innovations and concept technologies from international industry and academia and showcases them in a single specially-curated area sitting alongside exhibition Hall 8. This year, the focus is on showing how new technologies grow from their first inception and progress through to research, development, and validation projects; right through to maturing into the ground-breaking applications and future product standards. Major industry trail-blazers presenting their visions of the future, include Japan’s NHK and BBC R&D from the UK. Both companies will demonstrate a number of technology advances, including: Web-VR applications; object-based media scenarios; pathways to 8K resolution for UHD; and Artifici

Ocean Ambassador of the Netherlands Joins Endowment for Clean Ocean’s Entrepreneur Judges Committee20.8.2018 14:07Tiedote

The Endowment for Clean Oceans (ECO) announced Willemijn Peeters, Ocean Ambassador of the Netherlands and the Founding Director of Searious Business has joined ECO’s Entrepreneur Committee that will vet contestants’ plans to remove macro and micro plastics from the world’s oceans. “I am working to solve the problem of what to do with the plastic once it is removed from the ocean, by helping to create a market for plastic recovered from the ocean,” said Peeters. “Just like we need to end the use of single use plastic, we need to replace the manufacture of virgin plastic and replace it with recycled plastics, and as much as possible needs to be plastic recovered from the ocean.” View source version on businesswire.com: https://www.businesswire.com/news/home/20180820005004/en/ Contact information The Endowment for Clean Oceans Daniel Perrin Daniel.Perrin@endowmentforcleanoceans.org or connect@seariousbusiness.com

HeartSciences Showcases MyoVista® Wavelet ECG at 2018 European Society of Cardiology Congress (ESC)20.8.2018 14:00Tiedote

HeartSciences, a medical device company developing next generation ECG devices using continuous wavelet transform (CWT) signal processing and artificial intelligence, is proud to announce its participation as an exhibitor at the upcoming 2018 European Society of Cardiology Congress (ESC). The Congress will take place at Messe Munich International in Munich, Germany and will run from August 25 to August 29, 2018. HeartSciences will highlight its MyoVista® Wavelet ECG (wavECG™) Cardiac Testing Device as well as recent clinical study results published in the Journal of the American College of Cardiology (JACC) This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180820005047/en/ MyoVista Wavelet ECG 12-Lead Cardiac Testing Device (Photo: Business Wire) The JACC article titled “Prediction of Abnormal Myocardial Relaxation from Signal Processed Surface ECG” presented the results from the investigator-initiated clinical study that focus

Murata Invests in MEMS Sensor Manufacturing in Finland20.8.2018 13:00Tiedote

Murata Manufacturing Co., Ltd. (TOKYO:6981) (ISIN:JP3914400001) expands its MEMS sensor manufacturing by building a new factory in Vantaa, Finland to increase the sensor production capacity. Total value of the investment is five billion yen. With the expansion, the company estimates to create 150–200 new jobs in 2018–2019. The MEMS sensors manufactured by Murata in Finland are used in applications such as car safety systems and pacemakers. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180820005108/en/ New factory of Murata Electronics Oy (Graphic: Business Wire) Murata, a world leading manufacturer of electronic components, is significantly increasing global production capacity, including most recently its factory located in Finland. After having recently purchased the previously leased buildings, the company will construct a new building of approximately 16,000 square meters. The new facility is scheduled to be completed b

JAPANILAISYHTIÖ INVESTOI 42 MILJOONAA EUROA SUOMEEN20.8.2018 13:00Tiedote

Murata Manufacturing Co., Ltd. (TOKYO: 6981) (ISIN: JP3914400001) Maailman johtava elektroniikkakomponenttien valmistaja Murata lisää tuotantokapasiteettiaan Suomessa rakentamalla kokonaisalaltaan 16 000 neliön tehdaslaajennuksen Vantaalle. Investoinnin arvo on 42 miljoonaa euroa, ja yhtiö rekrytoi sen myötä 150–200 uutta työntekijää vuosina 2018–2019. Muratan Suomessa valmistamia MEMS-antureita käytetään esimerkiksi itseohjautuvissa autoissa ja sydämentahdistimissa. Tämä lehdistötiedote sisältää multimediaa. Katso koko julkaisu täällä: https://www.businesswire.com/news/home/20180820005165/fi/ New factory of Murata Electronics Oy (Graphic: Business Wire) Japanilaisen Murata-konsernin suomalaisyhtiö Murata Electronics rakentaa merkittävän tehdaslaajennuksen Vantaalle. Investoinnin arvo on 42 miljoonaa euroa. Nykyisen tuotanto- ja tuotekehitysyksikön kylkeen nousee kolmannes lisätilaa, minkä lisäksi yhtiö on ostanut itselleen nykyiset rakennukset sekä lisää tonttimaata uusille parkkipaik

Veristat is Recognized on the Inc. 5000 List of America’s Fastest-Growing Private Companies for the 4th Consecutive Year20.8.2018 11:00Tiedote

Veristat, a full service Clinical Research Organization (CRO), proudly announces its recognition once again by Inc. Magazine as one of the 5000 fastest-growing private companies in the United States. Since its first appearance on the list in 2015, Veristat has accelerated its growth in size, geographic reach and ability to successfully guide clinical trials through the development process to regulatory approval. “Veristat’s ability to achieve this national recognition and to remain on this list for 4 consecutive years highlights our sustainability, innovation and unfaltering commitment to consistently delivering the highest quality clinical development and regulatory submission services to our clients,” stated Patrick Flanagan, Chief Executive Officer at Veristat. “The meaningful impact that our teams provide to our clients and to lives of the patients their programs benefit is astounding. In 2018, our teams supported five regulatory submissions that were submitted to the US Food & Dru

Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.

Tutustu uutishuoneeseemme