Wipro Consumer Care and Lighting (WCCL), the consumer care business of software provider Wipro, has signed a definitive agreement to acquire Philippine-based personal care company Splash Corporation. This will be Wipro Consumer care's 11th acquisition.
After the acquisition, Splash founder Dr Rolando B Hortaleza would remain as the consultant and the rest of the team would become part of Wipro Consumer Care. The acquisition would enable Wipro brands to grow in the Philippines market by leveraging Splash's distribution strength across market segments.
Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.
