October 20, 2016 : Indian IT services giant Wipro has announced it is spending $500 million to buy Appirio, a leading cloud integrator specializing in Salesforce, Workday, Google and Amazon. Appirio, founded in 2006, was one of the last major independent Salesforce SIs left standing afterAccenture bought Cloud Sherpas and IBM acquired Bluewolf, both last year.
The announcement came today after news of the impending deal broke in the Times of India, having discovered the web domain ‘appirio-awiprocompany.com' was registered at GoDaddy on October 13. Wipro is due to report quarterly results tomorrow and its shares had risen sharply yesterday, closing 4% higher today than Tuesday's close.
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