Wipro

Multinational IT services and consulting company

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2024 Wipro acquired Applied Value Technologies (AVT), a United States-based Consulting firm, for $40 million
2024 Srini Pallia becomes CEO of Wipro, succeeding Thierry Delaporte
2024 Wipro acquired Aggne Global, a United States-based insurtech company, for $66 million, and Applied Value Technologies (AVT), a United States-based consulting firm, for $40 million
February 2023 Wipro faced significant criticism for reducing the annual salary package of new hires by 50%, affecting approximately 4,000 new employees. Employee unions like NITES condemned the move as unfair and lacking transparency, while Wipro defended the decision as necessary due to changing business needs.
2022 Wipro acquired Convergence Acceleration Solutions (CAS), a United States-based consulting firm, for $80 million, and Rizing Intermediate Holdings, a United States-based SAP consultancy, for $540 million
2021 Wipro acquired multiple companies: Eximius Design (semiconductor engineering services) for $80 million, Capco (technology management consultancy) for $1.45 billion, Ampion (cybersecurity) for $117 million, LeanSwift (cloud transformation) for $21 million, and Edgile (cybersecurity) for $230 million
2020 Thierry Delaporte becomes CEO of Wipro, replacing Abidali Neemuchwala
2020 Wipro acquired Rational Interaction, a United States-based digital customer experience consultancy, for an undisclosed amount
2020 Wipro acquired 4C, a Belgium-based Salesforce partner, for €68 million
2019 Wipro acquired International TechneGroup Inc (ITI), a United States-based engineering services company, for $45 million
2016 Abidali Neemuchwala takes over as CEO of Wipro, succeeding T. K. Kurien
2011 T. K. Kurien becomes CEO of Wipro, replacing Paranjpe and Vaswani

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