Wipro (WIT) to Acquire Appirio in $500M Deal

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Wipro to Acquire Appirio, a Global Cloud Services Company

October 20, 2016 10:02 AM EDT

BANGALORE, India & INDIANAPOLIS--(BUSINESS WIRE)-- Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading information technology, consulting and business process services company, today announced that it has signed a definitive agreement to acquire Appirio, a global cloud services company that creates next generation worker and customer experiences, for a purchase consideration of USD 500 Million.

Established in 2006, Appirio is headquartered in Indianapolis with offices in San Francisco, Dublin, London, Jaipur, and Tokyo and has 1250 employees worldwide. Appirio is a trusted partner to some of the worlds leading brands, including Stryker, Robert Half, Johnson... More