HITS

Wipro to Acquire Minority Stake in Denim Group, an Application Security Solution Provider (HITS)

Wipro has signed a definitive agreement to acquire a minority stake in the Denim Group, a leading independent application security firm.

“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,” Sheetal Mehta, Vice President & Global Head, Cybersecurity & Risk Services, Wipro Limited, 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.”

This 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.

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. ThreadFix is designed to give security practitioners the ability to understand the security posture of their applications and conduct efficient and effective remediation.

“We are excited to use this investment to further mature the ThreadFix platform and drive growth,” said John Dickson, Principal, Denim Group. “Collaborating with Wipro will greatly increase our reach, and help fulfill our mission of building a world where technology is trusted.”