M&A Deal Summary

Wipro Acquires Alight Solutions - India Business

On July 20, 2018, Wipro acquired information technology company Alight Solutions - India Business from Alight Solutions

Acquisition Highlights
  • This is Wipro’s 9th transaction in the Information Technology sector.
  • This is Wipro’s 8th transaction in the United States.
  • This is Wipro’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2018-07-20
Target Alight Solutions - India Business
Sector Information Technology
Buyer(s) Wipro
Sellers(s) Alight Solutions
Deal Type Divestiture

Target

Alight Solutions - India Business

Lincolnshire, Illinois, United States
Alight Solutions - India Business has developed a rich set of technology and delivery capabilities across its India centers located in Gurgaon, Noida, Mumbai and Chennai.

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Buyer(S) 1

Buyer

Wipro

Bengaluru, India
Category Company
Founded 1945
Sector Information Technology
Employees220,000
Revenue 897.6B INR (2024)
DESCRIPTION

Wipro is a global information technology, consulting, and outsourcing company with 145,000 employees serving over 900 clients in 60 countries. The company helps customers to do business better by leveraging its industry-wide experience, deep technology expertise, comprehensive portfolio of services, and a vertically aligned business model. Wipro was founded in 1945 and is based in Bengaluru, India.

DEAL STATS #
Overall 15 of 27
Sector (Information Technology) 9 of 17
Type (Divestiture) 2 of 2
State (Illinois) 2 of 2
Country (United States) 8 of 15
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-01 Denim Group

San Antonio, Texas, United States

Denim Group is an independent application security firm that provides ThreadFix a software application vulnerability correlation and resolution platform, will offer mitigating cybersecurity risks. Denim Group is based in San Antonio, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-27 Wipro - Workday and Cornerstone OnDemand Business

Bengaluru, India

Wipro Ltd. - Workday and Cornerstone OnDemand Business is a SAAS-based enterprise solutions provider for HR, payroll and financial management. Cornerstone OnDemand Services to help its clients manage talent across their organizations effectively. Wipro’s Workday and Cornerstone OnDemand business has multiple customers across the United States, Europe, Middle East and Africa with a track record of delivering over 500 Workday engagements and around 3,000 Cornerstone OnDemand projects.

Sell $110M

Seller(S) 1

SELLER

Alight Solutions

Lincolnshire, Illinois, United States
Category Company
Sector Information Technology
Employees18,000
Revenue 3.1B USD (2023)
DESCRIPTION

Alight Solutions is a provider of outsourced benefits administration and human capital technology. The Company helps drive better health and financial outcomes for employers, employees and plan participants by leveraging proprietary technology, deep domain expertise and global delivery capabilities. Alight Solutions is based in Lincolnshire, Illinois.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 2
State (Illinois) 1 of 1
Country (United States) 1 of 2
Year (2018) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-22 Carlson Management Consulting

Woburn, Massachusetts, United States

Carlson Management Consulting is an award-winning Cloud financial solutions and services firm, serving a growing list of customers nationwide and internationally. We deliver ‘best in class’ Cloud solutions for Corporate Performance Management (CPM), Enterprise Resource Planning (ERP), Timesheet and Expense Reporting, Tax Automation and Systems Integration as well as value-added consulting and outsourced services to organizations of all sizes and industries.

Buy -
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