Wipro Limited, a leading global information technology, consulting and business process services company, has announced that it has signed an agreement to acquire Ampion, an Australia-based provider of cybersecurity, DevOps and quality engineering services.
"Ampion has a successful track record and enjoys immense credibility with leading enterprises in the region, a collaborative work culture, and significant local subject matter expertise. We see Ampion as a complementary force that will help us expand our footprint and accelerate our journey in the Asia Pacific region,"CEO APMEA, Wipro Limited, N S Bala said.
Wipro's new operating model emphasizes strategic investments in focus geographies, proximity to customers, agility, scale and localisation, the Bengaluru-headquartered company said in a statement. The acquisition of Ampion is an important step for Wipro in this direction, and strengthens the commitment towards clients and stakeholders in Australia and New Zealand (ANZ), it said. Wipro has been present in the ANZ market for over two decades with deep client relationships across industry sectors and localised domain and delivery capabilities, it said.
Shares of Wipro Ltd on Thursday closed at Rs.416.70 as compared to the previous close of Rs. 414.15 on the National Stock Exchange.