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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.



Peers
Company Name CMP
TCS 2496.00
Infosys 1182.00
HCL Technologies 1428.00
Wipro 198.00
Tech Mahindra 1792.20
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