October 20, 2016 : Some more consolidation afoot in the cloud services industry, specifically around integration services. Wipro, a IT services company originally founded in India,announced that it has acquired Appirio ? a consultancy focused on cloud services and cloud integration ? for $500 million.
The deal confirms earlier reports of the acquisition, where the rumored price was $400 million.
Combining the two companies will create a large IT services giant that will compete closer with the likes of IBM and other big players in the area of systems integration, but specifically with a workforce more geared around the "on-demand" model that permeates so much of the tech world's economics today.
Read more >>>
Locations
