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Wipro completes acquisition of 83.4% stake in Encore Theme Technologies

17 Dec 2020 Evaluate

Wipro has completed the acquisition of 83.4% equity stake in Encore Theme Technologies. The remaining 16.6% equity stake will be acquired subject to and after receipt of certain regulatory approvals/confirmations.

Encore Theme has focused exclusively on implementing a broad suite of trade finance solutions -- developed by Finastra -- to financial institutions across the Middle East, Africa, India and Asia Pacific. The acquisition will help strengthen Wipro’s position as a dominant player across the globe implementing Finastra solutions.

Wipro is a leading global information technology, consulting and business process services company.

Wipro Share Price

202.40 -1.95 (-0.95%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2578.45
Infosys 1311.95
HCL Tech. 1428.35
Wipro 202.40
Tech Mahindra 1504.10
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