Microsoft Agreed to Acquire Infosys-Investee firm Cloudyn

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Microsoft has agreed to buy Israeli cloud computing firm Cloudyn, giving Infosys one of the best exits from it corporate venture capital fund.

Infosys return could not be computed because the company has not disclosed how much of Cloudyn it owns.

last August, Infosys picked up a minority stake in Cloudyn for $4 million. Media reports suggested that Microsft is paying between $50-$70 million for the company. Infosys $500 million fund primarily tasked with helping the company access innovative solutions created by startups, and not necessarily exits.

Cloudyn has raised $20.5 million in four rounds from its investors, startup data site Crunchbase said. Cloudyn's other investors include Carmel Ventures, RD seed and Titanium Investments , according to Crunchbase. 

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