Wipro Acquires British Consultancy Firm 'Capco' In $1.45 Billion Deal
The Azim Premji-promoted IT giant Wipro is all set to acquire British consultancy firm Capco in a $1.45-billion deal. Accounting for the highest investment in technology by the company, the deal will help Wipro gain over 30 new banking and financial services, and insurance clients. Based in London, Capco offers services to financial institutions in American, European, and Pacific regions. Wipro had Rs 45,234 crore cash on its book at the… read-more
Tags: Wipro, Software services, Capco, business
Courtesy: The Financial Express