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Wipro signs definitive agreement to acquire Rizing Intermediate Holdings

27 Apr 2022 Evaluate

Wipro has signed a definitive agreement to acquire Rizing Intermediate Holdings, Inc. (Rizing), a global SAP consulting firm, significantly expanding its breadth of capabilities in helping businesses transform into intelligent enterprises.

Rizing is the latest in a series of acquisitions by Wipro, underscoring the company’s ambitious growth agenda. Rizing’s high-touch approach, along with its industry expertise and SAP consulting capabilities in enterprise asset management, consumer industries, and human experience management, will be instrumental in advancing Wipro’s position as a sought-after advisor for clients’ most complex SAP transformations.

As one of the leading strategic partners in the world for SAP, Rizing will become a critical extension of Wipro’s SAP Cloud practice and Wipro FullStride Cloud Services. The combined offering will help clients surface unique business opportunities and new competitive advantages through SAP cloud implementations. It will also help Wipro expand its leadership in oil & gas, utilities, manufacturing, and consumer industries.

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

Peers
Company Name CMP
TCS 2250.00
Infosys 1076.00
HCL Technologies 1255.00
Wipro 169.85
Tech Mahindra 1575.00
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