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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