M&A

M&A

Wipro acquires select contracts from US-based s’ware developer Alpha Net for $71-M

BSE Announcement   Mint  

Publicly listed IT services firm Wipro has acquired select contracts from Santa Clara, CA (USA)-based Alpha Net Group for USD 70.8 million.Alpha Net Group specializes in enterprise software development, data engineering, and managed services. The acquired contracts generated USD 37.3 million in revenue last calendar year.