Wipro Ltd.

BSE: 507685 | NSE: WIPRO
Large Cap | IT - Software
234.00
-8.45 (-3.49%)
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Wipro completes divestment of Workday and Cornerstone OnDemand Business

Date: 03-04-2019

Wipro has completed divestment of Workday and Cornerstone OnDemand Business consisting of business and employees in USA, UK, Ireland, Portugal, India and certain other countries. The divestment of Wipro's Workday & Cornerstone OnDemand Business in various jurisdictions, except Portugal, France and Sweden, has been completed effective March 31, 2019, and aggregate consideration of $95.27 million out of $100 million has been received towards the same.

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.