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Stock Market & Financial Investment News

News Breaks
June 26, 2014
09:00 EDTWITWipro falls 6.2%
Wipro is down 6.2%, or 71c, to $10.77
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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