Wipro to buy Infocrossing for $600 mn

By IANS

Bangalore : Wipro Technologies is set to acquire US-based IT solutions provider and BPO Infocrossing for $600 million, it was announced here Monday.


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Wipro vice president Suresh Senapaty said the two companies had entered into an agreement for Wipro to buy the entire firm for $18.70 per share in an all cash deal.

The entire acquisition will be completed by the end of this year, he said.

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