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News Breaks
June 12, 2014
11:56 EDTWITWipro selected by Outokumpu as strategic IT partner
Wipro announced that it has been selected by Outokumpu, a leader in stainless steel, as its Global Prime Partner for applications maintenance and development of legacy applications across ten countries including U.K., Poland, Italy, Spain, Germany, Sweden, Finland, U.S., Mexico and China. The multi-year contract is geared towards bringing cost efficiencies and enabling enhanced optimization of applications within HR, Finance, Procurement, Market & Business Intelligence, Marketing and Communications, Supply Chain, Production and R&D, and Integration & Platform areas, Wipro said.
News For WIT From The Last 14 Days
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February 11, 2016
09:33 EDTWITWipro downgraded to Equal Weight from Overweight at Morgan Stanley
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09:02 EDTWITWipro to acquire HealthPlan Services for $460M
Wipro Limited announced that it has signed a definitive agreement to acquire HealthPlan Services from Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry. As part of the agreement, Wipro will acquire 100% of HealthPlan Services' shares for a purchase consideration of $460M. This transaction is subject to customary closing conditions and regulatory approvals and is likely to be completed in next 60 to 90 days.
February 8, 2016
09:03 EDTWITWipro awarded 5-year management contract by ASSA ABLOY
Wipro announced that it has won an IT infrastructure transformation contract from the ASSA ABLOY Group, headquartered in Sweden. As part of the five-year agreement, Wipro will consolidate ASSA ABLOY's existing data centers in the EMEA region and implement a cloud-based service model, which will include IaaS and PaaS. The deployment will leverage Wipro's BoundaryLess Data Center offering and will provide a full suite of IT infrastructure management services to ASSA ABLOY's global organisation. This solution will bring in a high level of agility, and a consumption-based IT service model powered by a user-friendly service catalog.

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