Wipro Infrastructure Engineering signs agreement to acquire Israeli based HR Givon Ltd
Q. Which software major has signed an agreement to acquire Israeli firm HR Givon in August 2016?- Published on 02 Aug 16a. HCL
b. Wipro
c. IBM
d. None of the above
ANSWER: IBM
The size of the deal was not disclosed by the company. Acquisition is subject to regulatory approvals and is expected to complete in September.
- Acquisition of Givon which makes specialised metallic parts and assemblies for the aerospace industry will help Wipro increase its product range and expand its global footprint.