M&A Deal Summary |
|
|---|---|
| Date | 2019-06-05 |
| Target | International TechneGroup |
| Sector | Information Technology |
| Buyer(s) | Wipro |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1945 |
| Sector | Information Technology |
| Employees | 230,000 |
| Revenue | 890.9B INR (2025) |
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 | 16 of 28 |
| Sector: Information Technology M&A | 10 of 17 |
| Type: Add-on Acquisition M&A Deals | 12 of 23 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 9 of 16 |
| Year: 2019 M&A | 1 of 1 |
| 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 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-07-14 |
IVIA Serviços de Informática
Fortaleza, Brazil IVIA Serviços de Informática Ltda. provides IT solutions including system development, maintenance, consulting and project management services to clients in different sectors such as Financial Services, Transportation, Retail, Healthcare, Consumer Goods and Manufacturing in Brazil. IVIA Serviços de Informática was founded in 1996 and is based in Fortaleza, Brazil. |
Buy | - |
