Rs 32700000000! Azim Premji’s signs BIG deal, Wipro to acquire 100% stake in…
GH News August 22, 2025 01:06 AM
IT services major Wipro on Thursday announced that it has entered into a definitive agreement to acquire the Digital Transformation Solutions (DTS) unit of HARMAN a Samsung company for a cash consideration of up to USD 375 million (around Rs 3270 crore). As part of the deal over 5600 DTS employees worldwide—including senior leadership—across the Americas Europe and Asia will join Wipro. Wipro To Acquire HARMANs DTS business The transaction is expected to be completed by December 31 2025 according to a regulatory filing. Wipro (through its subsidiaries) has signed a definitive agreement to acquire 100 per cent shareholding in Harman Connected Services Inc. and its subsidiaries and certain other assets (collectively “DTS”) from Harman International Industries Inc. on August 21 2025 the filing said. How Wipro Will Operate DTS After Acquisition? Upon completion of the acquisition DTS will be integrated into Wipro’s Engineering Global Business Line. Further as part of the acquisition Wipro will enter into a multi-year strategic agreement with HARMAN and Samsung. DTS headquartered in Connecticut USA is a global provider of ER&D and IT services focusing on areas like Embedded Software Digital Engineering Design Thinking Device Engineering Cloud & Infra services Data Analytics & AI and Enterprise Automation. It caters to industrial consumer hi-tech (communication & software) and healthcare & life sciences sectors. The acquisition strengthens Wipro’s ER&D portfolio by advancing its AI-driven digital and device engineering capabilities spanning design-to-manufacturing across industries such as technology industrial aerospace healthcare and consumer sectors.  Story Highlights Wipro to acquire HARMANs DTS business unit Wipros agreement to acquire 100 per cent stake in Hermans Unit Wipro to acquire 100% stake in DTS Azim Premiji Wipro To Acquire Stake In DTS Their specialised engineering expertise combined with Wipro’s consulting-led AI-powered capabilities will significantly enhance the value we deliver to clients. DTS’ strong presence in high-growth sectors and strategic markets complement our global footprint and strengthen our position as a trusted transformation partner Wipro CEO and Managing Director Srini Pallia said.  (With Inputs From PTI)
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