July 20, 2018 / 11:05 AM / Updated an hour ago
IT firm Wipro to buy U.S.-based Alight's India ops for $117 million
(Reuters) - India’s third-biggest software services exporter, Wipro Ltd (WIPR.NS), said on Friday it would buy U.S.-based Alight Solutions’ India operations for $117 million in cash.
FILE PHOTO: The logo of Wipro is seen inside the company's headquarters in Bengaluru, India, January 19, 2018. REUTERS/Abhishek N. Chinnappa/File Photo
Wipro said it would buy Alight HR Services India Pvt Ltd, which is Alight Solutions’ captive operations in India.
The deal is expected to be completed in the quarter ending September.
Reporting by Chris Thomas in Bengaluru; Editing by Amrutha Gayathri
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