Wipro to acquire Capco for $ 1.45 billion

Wipro Limited has recently signed an agreement to acquire Capco, a global management and technology consultancy providing digital, consulting and technology services to financial institutions in Europe, Americas and the Asia Pacific.

This acquisition is expected to make Wipro one of the largest end-to-end global consulting, technology and transformation service providers to the banking and financial services industry. By combining Wipro’s capabilities in strategic design, digital transformation, cloud, cybersecurity, IT and operations services with Capco’s domain and consulting strength, clients will gain access to a partner who can deliver integrated  solutions to help fuel growth and achieve their transformation objectives.