Announced
Completed
Financials
Tags
Cross Border
Majority
Friendly
United States
telecommunication services
Telecommunications Services: Other
Acquisition
Single Bidder
Completed
Private
Synopsis
Wipro, a global information technology, consulting, and business process services company, completed the acquisition of CAS Group, a US-based consulting and program management company that specializes in driving large-scale business and technology transformation for Fortune 100 communications service providers. Financial terms were not disclosed. "CAS Group brings to Wipro a uniquely complementary set of capabilities. Their long-standing strategic partnerships with some of the largest communications service providers, combined with deep expertise in large scale transformation projects, will allow us to achieve a significant competitive advantage in this high-growth sector. As we continue to execute on our ambitious growth agenda, we are thrilled to welcome CAS Group as the latest addition to the Wipro family and look forward to bringing our full strength to clients," Philippe Dintrans, Wipro Senior Vice President.
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