Wipro sells entire shareholding in IntSights for $19.17 million

Wipro on Tuesday said it has sold its entire stake in IntSights, a cyberthreat intelligence service provider, for $19.17 million.

On Monday, security analytics and automation firm Rapid7 had announced the acquisition of IntSights Cyber Intelligence — which provides contextualised external threat intelligence and proactive threat remediation — for $335 million in cash and stock. During 2016-19, Wipro acquired minority stake of less than 20 per cent in IntSights.