Second Largest IT Acquisition: Appirio acquired by Wipro!

Q.  IT major Wipro has acquired which offshore US based services firm?
- Published on 21 Oct 16

a. Symantec
b. Appirio
c. HCL
d. None of the above

ANSWER: Appirio
 
Second Largest IT Acquisition: Appirio acquired by Wipro!IT major Wipro has acquired USD 500 million worth Appirio, a US based services firm with a large offshore presence that enables corporates to implement cloud applications such as SalesForce
  • This is the second biggest acquisition after Infocrossing by Wipro for USD 600 million in 2007
  • Appirio was founded by Chris Barbin, Mike O’Brien, Glen Weinstein and Narinder Singh in 2006
  • The 10 year old firm has revenue worth USD 200 million in 2015
  • It has an Indian offshore base in Jaipur and customers include eBay, IBM, Sony and Facebook
  • In the digital world, as consumer behaviours and expectations are reshaped by experiences, Cloud has acquired importance leading to this acquisition by Wipro.

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