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. Leave a Reply. |