WIT Wipro Ltd

By Michael Dabaie

Wipro Ltd. said it would acquire Capco, a management and technology consulting firm, for $1.45 billion.

Wipro, a global information-technology, consulting and business-process services company, said London-based Capco's clients include marquee names in the global financial-services industry.

Wipro said the deal will make it one of the largest end-to-end global consulting, technology and transformation service providers to the banking and financial-services industry.

Wipro said it expects the acquisition to close in the quarter ending June 30.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

March 04, 2021 08:16 ET (13:16 GMT)

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