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Wipro buys Harman DTS for $375 million
Mint Kolkata
|August 22, 2025
Wipro aims to strengthen its engineering and R&D arm through the deal
Wipro Ltd acquired Harman Digital Transformation Services (DTS), the software services and engineering arm of the Connecticut-based audio product maker, in a bid to strengthen its engineering, research, and development arm.
On Thursday, India's fourth-largest information technology (IT) services company stated that its acquisition of Harman DTS is expected to cost $375 million and will be completed by December.
This comes a little more than a week after a peer's move. Cross-city peer Infosys Ltd announced it bought a 75% stake in Australian IT firm, Telstra, for $150 million, signaling that the country's largest software services companies are eyeing inorganic growth in the face of demand uncertainty.
Cette histoire est tirée de l'édition August 22, 2025 de Mint Kolkata.
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