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Wipro concludes acquisition of Brazil’s IT firm ‘InfoSERVER’

12 Apr 2017 Evaluate

Wipro has completed the acquisition of InfoSERVER S.A. on April 10, 2017. The impact of InfoSERVER acquisition is expected to reflect in the financials of the company for the quarter ending June 30, 2017.

Earlier in January, the company had signed an agreement to acquire InfoSERVER S.A. for BRL 27.6 Million ($ 8.7 million). InfoSERVER, an IT services provider, which is focussed on the Brazilian market, provides custom application development and software deployment services.

Wipro is a leading information technology, consulting and business process services company that delivers solutions to enable its clients do business better.



Wipro Share Price

209.80 6.80 (3.35%)
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Peers
Company Name CMP
TCS 2554.40
Infosys 1305.20
HCL Tech. 1451.30
Wipro 209.80
Tech Mahindra 1483.60
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