14 Facts About Wipro

Wipro Limited is an Indian multinational corporation that provides information technology, consulting and business process services.

In 2004, Wipro became the second Indian IT company to earn $1 billion in annual revenue.

In 2012, Wipro demerged its non-IT businesses into a separate company called Wipro Enterprises.

Wipro had been hired as systems integrator in 2010, but errors in the rollout, intended to replace an Oracle system, caused serious losses and reputational damage.

In March 2020, Hedera announced that Wipro would be joining their Governing Council, providing decentralized governance to its?hashgraph?distributed ledger technology.

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In 2006, Wipro acquired California-based technology company cMango in an all cash deal.

In 2012, Wipro acquired Australian analytics company, Promax Applications Group for A$35 million in an all cash deal.

In 2015, Wipro acquired Denmark-based design consultancy Designit for €85 million.

In 2016, Wipro acquired cloud services consultancy Appirio for $500M.

In February 2020, Wipro acquired Rational Interaction, a Seattle-based digital customer experience consultancy.

In March 2021, Wipro acquired Capco, a 22-year-old global technology and management consultancy specializing in driving digital transformation in the financial services industry.

Wipro has signed an agreement to acquire Ampion for a cash consideration of $117 million, according to an exchange filing.

In December 2021, Wipro signed a definitive agreement to acquire LeanSwift, a system integrator of Infor products for customers across the Americas and Europe.

In 2022, Wipro fired 300 employees who were moonlighting for competitors.