Wipro

Wipro logo

Traded as NYSE: WIT
Industry Information Technology Service
Founded 1945, Mumbai
Headquarters Doddakannelli, Bengaluru 560035, India
CEO
Mr. Azim Hasham Premji
Revenue US$ 7.738 billion
Operating income
US$ 1.407 billion
Net income
US$ 1.350 billion
Total assets US$ 10.947 billion
Total equity US$ 7.038 billion
Number of employees
173.863
Website wipro.com
Source
wipro.com/investors/financial-information

About:

 

Wipro Ltd.,
is an international company for IT consulting services and system integration based in Bangalore, India. With 158000 employees and a revenue of 35 billion USD Wipro has over 900 of the Fortune 1000 as their customers.
Originally founded in 1945 as a producer of plant and refined oils established as western Indian Vegetable production. Since the 70s and 80s shift to the IT and computer sector and renaming 1977 to Wipro limited production and in 1982 to wipro limited. Today, the company consists of the areas of Wipro, wipro consumer care and lightning, Wipro infrastructural engineering, wipro Ge medical systems. All non-IT business units were split in 2013 under the name wipro Enterprises ltd. Amongst others, Lighting, customer security, health care and infrastructure

The Company consists of 4 segments:

  • Wipro Limited
    Wipro Consumer Care & Lighting
    Wipro infrastructure
    Wipro GE Medical Systems
Since 2000, Wipro has engaged in a number of M&A deals: 56 Transactions with a value of USD 3.3 bil. (for number and value per year, see figure below).

M&A Wipro

Top 10 Deals Wipro

Rank Date Target Nation Value (in bil. USD)
1 08.06.2007 Infocrossing Inc United States 0.56
2 10.20.2016 Appirio Inc United States 0.50
3 02.11.2016 HealthPlan Holdings Inc United States 0.46
4 07.06.2007 Unza Holdings Pte Ltd Singapore 0.25
5 07.17.2014 Atco I0Tek Inc Canada 0.20
6 04.01.2011 SAIC Inc0Oil & Gas Info Tech United States 0.15
7 12.08.2012 LD Waxson Group Singapore 0.14
8 12.23.2008 Citi Technology Services India 0.13
9 12.22.2015 Viteos Fund Services LLC United States 0.13
10 07.18.2002 Spectramind eServices Pvt Ltd India 0.08

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