Friday, 24 March, 2023

Wipro to take over Brazil’s IVIA Serviços for about Rs 169 cr

<p>Wipro will acquire IVIA Servi&ccedil;os, a specialised IT Services provider to financial services, retail and manufacturing sectors in Brazil, for $ 22.4 mn. The acquisition will help Wipro set up delivery centres in the north-east of Brazil leveraging IVIA&rsquo;s workforce. The transaction of purchase is likely to be ended during the quarter ending &nbsp;September 30, 2020. Wipro has a strong presence in Latin America countries - Brazil, Mexico, Chile, Colombia and Costa Rica.</p>