India's Wipro to buy U.S. cloud services company Appirio for $500 million
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The Wipro campus is seen in Bangalore June 23, 2009. REUTERS/Punit Paranjpe/File Photo
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MUMBAI (Reuters) - Wipro Ltd
Appirio has 1,250 employees worldwide, with offices in cities including London and Tokyo.
The deal is expected to be completed during the current quarter, Wipro said in a statement.
India's $150 billion-plus information technology sector has increasingly been making a shift from its traditional outsourcing business to cloud, automation and digital services to meet the demands of its Western clients.
Wipro reports fiscal second-quarter earnings on Friday.
(Reporting by Sankalp Phartiyal; Editing by Mark Potter)
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