Wipro Ltd.

Wipro has signed a definitive agreement to acquire Eximius Design, a leading engineering services company with strong expertise in semiconductor, software and systems design. Eximius provides end-to-end solutions and services for building smarter, smaller and faster connected products for various use cases of IoT, Industry 4.0, Edge Computing, Cloud, 5G and Artificial Intelligence. Their expertise spans across SOC, IP, ASIC, FPGA, Hardware System and Software domains.

Eximius' offerings and solutions will be consolidated as a part of Wipro's EngineeringNXT framework, providing customers with a platform to innovate and engineer the next generation of products and platforms at scale. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the quarter ending December 31, 2020.

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