Wipro Limited — JV/Acquisition, 06-04-2026: Acquisition
06-04-2026 | 04:31 am
06-04-2026 | 04:31 am
Wipro is acquiring Mindsprint, Olam Group's IT services arm, for US$ 375 Million, taking 100% ownership. This strategic acquisition is central to an 8-year, US$ 1 Billion+ transformation deal with Olam Group, locking in US$ 800 Million in committed spend. Mindsprint brings over 3,200 employees and deep expertise in digital transformation for the Food & Agri-business sector, alongside proprietary solutions. This move significantly boosts Wipro's revenue pipeline and strengthens its capabilities in enterprise applications, data & analytics, and cloud services, enhancing its global delivery and industry footprint.
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