Back to Career News

Wipro acquires Brazil based specialized IT service provider

July 15, 2020

Wipro acquires Brazil based specialized IT service provider

Wipro said it might acquire IVIA Serviços, a specialized IT Services provider to financial services, retail and production sectors in Brazil, for approx $ 23 million.

The Bengaluru-headquartered software offerings exporter said this acquisition would assist in putting in delivery centres within the North East of Brazil leveraging IVIA’s team of workers.

Wipro has a strong presence in Latin America with places of work across five international locations within the area like Brazil, Mexico, Chile, Colombia and Costa Rica.

IVIA, is privately held and has a team of workers of around 722 employees as of December 2019, presents IT solutions along with gadget improvement, protection, consulting and project management administration. The company’s revenue stood at $ 13.5 million at the end last year.

Recommended for you ...

Flipkart acquires 100% stake in Cleartrip
Flipkart acquires 100% stake in Cleartrip

April 16, 2021

India on 49th spot on internet inclusion globally
India on 49th spot on internet inclusion globally

April 16, 2021

Govt to act as enabler to start-ups
Govt to act as enabler to start-ups

April 16, 2021

Chat on WhatsApp