M&A

M&A

Wipro acquires US-based telecom consulting firm Convergence Acceleration Solutions

Press Release  

Bangalore-based listed IT Services firm Wipro has acquired Convergence Acceleration Solutions, a Roswell, GA (USA)-based consulting firm focused on serving telecommunications providers. CAS Group, founded in 2007, delivers strategic transformation programs to clients across 17 centres of service including mobile/wireless, business, and fiber-optic services, as well as cable, data, and telecom retail solutions. CAS Group's range of services include operational support system (OSS) and business support system (BSS) transformation, application Modernization, broadband infrastructure services, and telco network enablement of digital products, such as 5G, Internet of Things (IoT), and Network as a Service. ILLUM Partners served as exclusive financial advisor to Convergence Acceleration Solutions, LLC in the transaction. Thompson Hine LLP represented Convergence Acceleration Solutions, LLC as transaction legal advisors.