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Wipro signs deal to take over IT units of Metro AG, expects business of $1 billion

7/1/2021
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Wipro will pay €40 million to acquire the IT assets of Metro in Germany, Romania and India, and take over 1,300 employees.

METRO AG executed an implementation of a multi-year digital and IT strategic partnership with Wipro Limited. Wipro Limited is a leading global information technology, consulting and business process services company. Parts of the current internal IT unit Metro-Nom including more than 1,300 employees will be transferred to Wipro; the remaining units with around 1,000 employees will develop IT solutions for Metro AG’s operational business under the new brand Metro Digital.

Baker Mckenzie legal was advisor on the deal.

Full Story here.

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  • Home
  • About
    • Who We Are
    • Pre-Decision Advisory
    • Contacts
  • Events
    • SSCs and Sourcing in Poland
    • CEE BSC Summit & Awards 2023
    • VIP WineTastings - June-Aug 2023
    • BSC Charity Beach Volleyball Tournaments
  • Directory
    • Buy Directory (PDF)
    • Update Directory Listing (2023)
  • Solutions
    • Submit News about your BSC
    • Meet the Managers-Video
    • Meet the Managers-Text
    • News & Video
    • Cee BSC Tickets
    • Cee BSC Showcases