Engineering Staffing Report: Sept. 22, 2022

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Infosys divests data engineering software firm

Infosys Ltd. (NYSE: INFY) divested its entire holding in Trifacta Inc., a data engineering software firm based in San Francisco, for $12.0 million. The deal was completed on Aug. 29.

Infosys had made a minority investment in Trifacta of $10.0 million between 2016 and 2019.

Founded in 2012, Trifacta provides data wrangling software that enables non-technical users to easily transform data for analysis, CNBC reported. Trifacta's investors include Accel, Greylock Partners, Ignition and Cathay Innovation.