Wipro Limited, an information technology, consulting and business process services company, announced that it has signed a definitive agreement to acquire Appirio, a global cloud services company. Once completed, Wipro’s acquisition of Appirio will create one of the world’s largest cloud transformation practices. “In an increasingly digital world, as consumer behaviors and expectations continue to be reshaped by experiences, companies are recognizing that they need to transform how they engage with customers and employees by leveraging the power of Cloud.” said Abidali Neemuchwala, chief executive officer and member of the board, Wipro Limited. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to be closed in the quarter ending December 31, 2016.
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