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Wipro buys Harman DTS for $375 million
Mint Ahmedabad
|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.
Dit verhaal komt uit de August 22, 2025-editie van Mint Ahmedabad.
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