MoneyWorks4Me

Wipro inks definitive agreement to acquire Appirio for $500 million

21 Oct 2016 Evaluate

Wipro, a leading information technology, consulting and business process services company, has signed a definitive agreement to acquire Appirio, a global cloud services company that creates next generation worker and customer experiences for a purchase consideration of $500 million. Wipro’s acquisition of Appirio will create one of the world’s largest cloud transformation practices, a game changer in today’s as-a-service and digital economy. Appirio also brings to Wipro, Topcoder, a leading crowd-sourcing marketplace connecting over a million designers, developers and data scientists around the world with customers.

Appirio headquartered in Indianapolis with offices in San Francisco, Dublin, London, Jaipur, and Tokyo has 1250 employees worldwide.  Appirio is a trusted partner to some of the world’s leading brands, including Stryker, Robert Half, Johnson Controls, Cardinal Health, Coca-Cola, eBay, Facebook, Home Depot, and Sony PlayStation. 

Wipro is engaged in providing information technology solutions. It offers solutions for systems integration, information systems outsourcing, package implementation, system integration, network integration, software solutions and information technology services, software application development and maintenance and research and development services to corporations globally.



Peers
Company Name CMP
TCS 2192.30
Infosys 1058.50
HCL Technologies 1248.90
Wipro 167.30
Tech Mahindra 1568.65
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