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Wipro puts in $5M to pick up minority stake in machine-to-machine applications firm Axeda

Monday, June 3, 2013 | More »

Global IT services major Wipro Ltd has invested $5 million to pick up a minority stake in US-based Axeda Corporation, a provider of cloud-based services and software for managing connected products and delivering machine-to-machine (M2M) applications. “Wipro’s investment in Axeda is driven by th...