M&A Deal Summary

Wipro Acquires cellent AG

On December 2, 2015, Wipro acquired information technology company cellent AG for 74M EUR

Acquisition Highlights
  • This is Wipro’s 5th transaction in the Information Technology sector.
  • This is Wipro’s 9th largest (disclosed) transaction.
  • This is Wipro’s 1st transaction in Germany.

M&A Deal Summary

Date 2015-12-02
Target cellent AG
Sector Information Technology
Buyer(s) Wipro
Deal Type Add-on Acquisition
Deal Value 74M EUR

Target

cellent AG

Stuttgart, Germany
cellent AG is an IT consulting and software services company and has been offering holistic innovative IT solutions and services to its customers in the DACH region of Germany, Austria and Switzerland.

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Buyer(S) 1

Buyer

Wipro

Bengaluru, India

Category Company
Founded 1945
Sector Information Technology
Employees230,000
Revenue 890.9B INR (2025)
DESCRIPTION

Wipro is an 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, Karnataka.


DEAL STATS #
Overall 9 of 28
Sector: Information Technology M&A 5 of 17
Type: Add-on Acquisition M&A Deals 6 of 23
Country: Germany M&A 1 of 1
Year: 2015 M&A 2 of 3
Size (of disclosed) 9 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-17 Drivestream India Pvt

Chennai, India

Drivestream India Pvt Ltd. is a management and IT consulting firm specializing in migrating the enterprise business processes of large and medium sized businesses to the Cloud.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-22 Viteos Group

Somerset, New Jersey, United States

Viteos Group is a provider of customized straight-through-processing and integrates post-trade operations across virtually every asset class, currency, border, or structure for the alternative investment management industry in the United States, Europe and Asia.

Buy $130M