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New Deal


Announced

Wipro to acquire Eximius Design for $80m.

Financials

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Transaction Value£61m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2.3x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Cross Border

vlsi design

systems design

Private

Pending

United States

semiconductor solutions

software design

Acquisition

Friendly

Engineering Consulting

Synopsis

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Wipro, an IT and business solutions provider, agreed to acquire Eximius Design, a provider of engineering services, for $80m. “Our customers, employees and the entire semiconductor ecosystem will tremendously benefit from the synergies of Eximius and Wipro’s combined portfolio of offerings. Clients will gain access to Wipro’s global scale and offerings, along with Eximius’ innovative solutions to accelerate the adoption of ASIC, FPGA, systems and software engineering initiatives. We are pleased to become a part of the Wipro family," Jay Avula, Eximius Design CEO.

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