Wipro Ltd.

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Large Cap | IT - Software
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Wipro inks pact with Finnish media group Sanoma

Date: 26-06-2014

Wipro has entered into agreement with Finnish media group Sanoma under which the Finnish media group will transfer its IT infrastructure and support functions to Wipro. With this transaction, 38 people in Finland and the Netherlands would become employees of Wipro. Europe accounted for 30 per cent of Wipro’s revenue for the quarter ended March 31, 2014.

Sanoma’s in-house technology team would focus more on supporting the services that are critical to the business units in the future.

Wipro is a leading provider of analytics and information management solutions - enabling customers to derive actionable business insights from data to drive growth, enhance cost management and strengthen risk management.