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In its Largest Acquisition till Date, Wipro to buy UK firm Capco for $1 45 billion

By siliconindia  |  Friday, 05 March 2021, 04:14 Hrs Global software major Wipro said on Thursday that it has signed an agreement to acquire the UK-based management and technology firm Capco for $1.45 billion (Rs 10,551 crore) to provide digital, Cloud and IT services to financial institutions in the US, Europe and Asia-Pacific. The acquisition will make us one of the largest consulting, technology and service providers to the banking and financial services industry, said the city-based IT behemoth in a statement here. The acquisition is expected to close in the quarter ending June 30, 2021. London-headquartered Capco s clients include the marquees in the global financial services industry.

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