Software giant Infosys writes off investment in Waterline Data Science

Date posted: Friday 13 March 2020

Bengaluru-based software giant Infosys Ltd announced that it has written-off its investment in US-based Waterline Data Science Inc. With regard to the minority investment made by the Company during 2016-2018 in Waterline Data Inc., the company [Infosys] informs that Waterline Data Inc. has completed the process of dissolution. There is nil consideration upon dissolution and accordingly, there are no dues outstanding to the company.

(Dealstreet Asia)