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Wipro informs about updates on press release

24 Nov 2016 Evaluate

With reference to the earlier letter dated October 20, 2016 informing about the proposal to acquire Appirio, a global cloud services Company, Wipro has now informed that Wipro has completed the acquisition of Appirio on November 23, 2016. As mentioned in the media presentation submitted as part of results for the quarter ended September 30, 2016, impact of the Appirio acquisition is expected to reflect in the financials of Wipro for the quarter ending December 31, 2016.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
TCS 2172.70
Infosys 1051.60
HCL Technologies 1240.00
Wipro 166.20
Tech Mahindra 1549.50
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