Wipro to Acquire Capco for $1.45 Billion
March 04 2021 - 8:31AM
Dow Jones News
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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