In order to expand financial consultancy, Wipro Limited has signed an agreement to acquire London based Capco for USD 1.45 billion. Capco provides consultancy and technology services to financial institutions across the world.
- Capco, a global management and technology consultancy company offers services in the Americas, Europe and the Asia Pacific.
- Capco has an experienced executive team and over 5,000 world-class business and technology consultants based across more than 30 global locations supporting clients through their expert insights, entrepreneurial approach and focus on delivery excellence.
The prominent deals and partnership by Wipro are mentioned below:
Feb 2021: To expand advanced analytics capacity, Uptake announced that it has signed a partnership agreement with India based Wipro Limited. The partnership helps Uptake to deliver industrial intelligence for the utilities, chemical processing, and oil and gas industries.
Dec 2020: Wipro Limited announced a significant strategic digital and IT partnership deal with METRO AG. The deal provides technological, engineering and transformation solutions to METRO.
Oct 2020: Wipro Limited signed an agreement with ERP software provider SAP SE to deliver SAP Enable Now. After this collaboration, Wipro can offer its clients tailor-made industry and line-of-business-specific learning tutorials and training assets delivered by SAP.
Oct 2020: Wipro Limited has signed a definitive agreement to acquire San Jose based Eximius Design, a leading engineering services company with strong expertise in semiconductor, software and systems design.
June 2020: Wipro Limited, announced its partnership with a cybersecurity startup CloudKnox Security. Wipro Ventures, a corporate investment arm of Wipro, invested in CloudKnox, to strengthen the strategic partnership.
About Wipro Limited
Wipro Limited, headquartered in Bengaluru, India, is a global information technology company. The company also provides consulting and business process services across the globe. The company has more than 175,000 dedicated employees across the globe to harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies.