Announced
Completed
Financials
Tags
Digital Services
Private
digital engineering
Natural
United States
Acquisition
Single Bidder
Completed
Majority
Synopsis
Wipro, an information technology, consulting and business process services company, completed the acquisition of International TechneGroup, a global digital engineering and manufacturing solutions company. Financial terms were not disclosed. “As enterprises innovate and invest in ‘EngineeringNXT’, they are looking for ways to build a Digital Thread across design, engineering, and manufacturing. This acquisition complements Wipro’s core strengths in Industry 4.0 and allows us to offer end-to-end solutions in Digital Engineering and Manufacturing. We are pleased to welcome ITI’s employees and are confident that their unique offerings and solutions will add value to our organization,” Harmeet Chauhan, Wipro Senior Vice President, Industrial & Engineering Services.
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