Infosys doubles investment in TidalScale

Indian software services exporter Infosys Ltd has invested an additional $1.5 million (around Rs 11 crore) in US-based TidalScale Inc.

The total investment in TidalScale has now increased to $3 million, Bengaluru-based Infosys said in a statement. It invested in TidalScale via its Infosys Innovation Fund.

Infosys had previously invested in TidalScale in 2016, though it hadn’t disclosed the amount at the time.

Deepak Padaki, Executive Vice President, Infosys, said: “Their (TidalScale’s) ground-breaking 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.”

The transaction is likely to be completed by 28 September, subject to necessary approvals, Infosys said.

California-based TidalScale offers software-defined servers which it claims are compatible with all applications and operating systems. TidalScale’s solution collates all physical server resources as if it were running on a single large computer to help clients with large computing problems. TidalScale says it helps companies draw insights from big data faster, more easily and with greater flexibility at improved costs.