Wipro (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company and Lineaje, today announced a collaboration to help enterprises secure the open-source components within their software applications. Recently, Wipro's corporate investment arm - Wipro Ventures - invested in Lineaje, a US based software supply chain security company.
Wipro will leverage Lineaje's Open-Source Manager and SBOM360 Hub to empower enterprises with a comprehensive service to continuously identify and neutralize critical open-source vulnerabilities within software they source, build, and use. This offering is built upon Lineaje's advanced capabilities to meticulously analyze software components, expose each component's known and hidden dependencies, and assess the vulnerabilities and risks within each component. This granular visibility allows for the verification of the entire supply chain's authenticity, proactive elimination of vulnerabilities at their source, and detection and remediation of potential compromises in the software supply chain.
"Supply chain attacks often target services from third-party vendors and open-source software inside a company's technology stack. Bringing together Lineaje's AI-driven capabilities and Wipro's deep understanding of risk and compliance landscape, we reaffirm our commitment to secure the modern enterprise and the lifecycle of modern software development," said Nikos Anerousis, Vice President, Engineering Edge, Wipro Limited.
"For organizations that care about the risk their critical software creates for their business and their customers, proactively managing that risk is essential," said Javed Hasan, CEO, Lineaje. "Lineaje was born to discover, manage, and secure software, no matter where it's built. We're incredibly excited to partner with Wipro to further advance this mission and provide even greater value to our customers," he added.
This collaboration with Wipro not only validates Lineaje's innovative approach but also expands its reach and resources to further revolutionize software supply chain security. Wipro and Lineaje's joint offerings will help enterprise customers centralize their software supply chain risk management and address critical vulnerabilities identified with the Lineaje platform.
Shares of Wipro Limited was last trading in BSE at Rs. 561.65 as compared to the previous close of Rs. 553.00. The total number of shares traded during the day was 505118 in over 11560 trades.
The stock hit an intraday high of Rs. 569.50 and intraday low of 554.80. The net turnover during the day was Rs. 285142070.00. |
