Acquisition Expected to Close by June 30 The London-based Capco, a financial services and technology consultancy, will become part of Wipro Ltd., the Bangalore-based global IT and services provider as a result of a $1.45 billion acquisition. The agreement will enable Wipro to offer “digital, consulting and technology services to financial institutions in the Americas,… Read More >>
Wipro Picks a CEO and Executive Vice Chairman
Executive Appointments at Wipro Limited Bangalore, India-based Wipro Ltd., an information technology, consulting and business process services company, has named T.K. Kurien executive vice chairman and Abidali Neemuchwala CEO. Kurien will continue to report to Azim Premji, Wipro Ltd. chairman, and will remain a board member through the end of March 2017, officials say. Neemuchwala… Read More >>
Wipro to Acquire Viteos Group for $130 Million
Wipro Ltd., a Bangalore, India-based IT management, consulting and business process services (BPS) company, reports that it has agreed to acquire Viteos Group, a business-process-as-a-service (BPaaS) provider for the alternative investment management industry. The acquisition is meant to add the buy-side capabilities of Viteos to Wipro’s existing sell-side credentials, according to a Wipro statement. Viteos,… Read More >>
AxiomSL & Wipro to Partner for Clients
Regulatory reporting solutions provider Axiom Software Laboratories (AxiomSL) is partnering with global outsourcer Wipro in a bid to broaden its appeal in the fast-growing risk and compliance services segment and to develop new products and services. “We realized a year ago that we had a great product but nobody knew we existed,” says Gordon Elliot,… Read More >>
