December 13, 2025 11:55 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Caught in Thailand! Fugitive Goa nightclub owners detained after deadly fire kills 25 | After Putin’s blockbuster Delhi visit, Modi set to host German Chancellor Friedrich Merz in January | Delhi High Court slams govt, orders swift compensation as IndiGo crisis triggers fare shock and nationwide chaos | Amazon drops a massive $35 billion India bet! AI push, 1 million jobs and big plans revealed at Smbhav Summit | IndiGo’s ‘All OK’ claim falls apart! Govt slaps 10% flight cut after weeklong chaos | Centre finally aligns IndiGo flights with airline's operating ability, cuts its winter schedule by 5% | Odisha's Malkangiri in flames: Tribals rampage Bangladeshi settlers village after beheading horror! | Race against time! Indian Navy sends four more warships to Cyclone Ditwah-hit Sri Lanka | $2 billion mega deal! HD Hyundai to build shipyard in Tamil Nadu — a game changer for India | After 8 years of legal drama, Malayalam actor Dileep acquitted in 2017 rape case — what really happened?

Infosys makes additional investment of US$1.5 million in TidalScale Inc.

| @indiablooms | Sep 17, 2018, at 07:20 pm

Kolkata / Bangalore, Sept 17 (IBNS): Infosys, a global leader in consulting, technology, outsourcing and next-generation services, on Monday announced that it has made an additional investment of US$1.5 million through the Infosys Innovation Fund in TidalScale Inc., the company at the heart of the Software-Defined Server revolution. 

Infosys has previously invested US$ 1.5 million in TidalScale Inc. in 2016 taking the cumulative investment as of date to US$ 3.0 million.


“We are excited to further strengthen our relationship with TidalScale. Their groundbreaking software-defined server technology addresses a key challenge that many enterprises face - to rapidly increase the return on their existing investments in technology infrastructure assets,” said Deepak Padaki, Executive Vice President.

"It is especially relevant to dynamically scale the compute power of servers for applications such as big data analytics, which are growing exponentially,” he added.

“It’s an honor to receive a second investment from Infosys, whose reach as a leader in consulting, technology, outsourcing and next-generation services spans 50 countries around the world,” said Gary Smerdon, President and CEO, TidalScale. “At TidalScale, our focus is to solve problems that until now were difficult or impossible to tackle using the usual approaches to scaling. Our customers are discovering that they don’t have to implement costly new hardware or get bogged down in rewriting code so their workloads can run across clusters. With TidalScale, they use their own systems to create tomorrow’s server today. We are excited that Infosys so enthusiastically shares our vision.”

The investment is expected to be completed by Sept 28 subject to necessary approvals.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm