Wipro inks definitive pact to buy minority stake in Denim Gr

IT major Wipro on Thursday said it has signed a definitive agreement to acquire a minority stake in the US based independent application security company Denim  Group.

The partnership will bring together Wipro’s strong  digital transformation and cybersecurity capabilities with  Denim Group’s application security consulting, assessments and  implementation services including DevSecOps and secure  development training services, the company said . This, coupled with Denim Group’s flagship product  ThreadFix, the premier application vulnerability correlation  and resolution platform, will offer customers significant  value in mitigating cybersecurity risks, it said.      

“Wipro’s investment in Denim Group reflects our  continued commitment to assist our customers in simplifying  digital risk management by enabling them to roll out secure  software faster,” Wipro Limited Vice President & Global Head,  Cybersecurity & Risk Services Sheetal Mehta said. She said it strengthens Wipro’s portfolio of digital  transformation services as well as taps into services for  embedding security in software development methodologies such  as Agile & DevOps.