Wipro signs definitive agreement to acquire US based Viteos Group

Q.  Which Indian IT exporter has signed a definitive agreement to acquire Viteos Group?
- Published on 28 Dec 15

a. TCS
b. Wipro
c. Cognizant
d. Infosys

ANSWER: Wipro
 
Wipro has signed a definitive agreement for acquiring US based Viteos Group which is a business process provider for purchase consideration of USD 130 million. Via this acquisition, Wipro provides business process services to global investment banks increasing capabilities for the sector. Viteos was established in 2003 and is headquartered at New Jersey.

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