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Wipro to acquire Ampion for $117 million


Wipro to acquire Ampion for $117 million
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Wipro to acquire Ampion for $117 million
PTI / Apr 1, 2021, 11:08 IST
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NEW DELHI: IT services major Wipro on Thursday said it will acquire Ampion, an Australia-based provider of cyber security, DevOps and quality engineering services for $117 million (about Rs 857 crore).
The acquisition of Ampion is an important step for Wipro in this direction, and strengthens the commitment towards clients and stakeholders in Australia and New Zealand (ANZ), Wipro said in a regulatory filing.
The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the quarter ending June 30, 2021, it added. ....

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