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Wipro to Acquire Ampion for $117 Million

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Homegrown IT major Wipro hopes to strongly forge its commitment with clients and stakeholders in Australia and New Zealand (ANZ) through the acquisition of Ampion, a leading Australia-based provider of cybersecurity, DevOps and quality engineering services.

Wipro, declared that it has signed a pact to acquire Ampion for $117 million in cash, in order to bolster its footing in Australia and New Zealand. The deal is scheduled to close in the second quarter of 2021, subject to customary closing conditions and regulatory approvals.

The company elucidated that it believes that the combined offerings with Ampion, which is boosted by engineering transformation, DevOps and security consulting services, will bring scale and agility to respond to the growing demands of its customers. This may serve helpful to the Australian market, which is being hit with a lot of disruptions that came with after the acquisition of cloud, DevOps, analytics and resilience oriented digital capabilities across businesses and public sector entities

Prior to this acquisition, the company made a $1.45 billion purchase of Capco, British consulting company. Its new operating model emphasizes on strategic investments covering aspects such as geographies, proximity to customers, agility, scale and localization. As such, the acquisition of Ampion is a very important step for Wipro in this line.

“We believe that Ampion’s experience, talent, capabilities and proven client credentials in ANZ, coupled with Wipro’s global scale, leadership in technology, and a deep understanding of domain and delivery, will make us a truly formidable team. We are pleased to become a part of Wipro and look forward to an exciting journey together”, added Duffield.

Today, the company is well-known for its innovative technology solutions, and it has been named a 'Top Employer' in Australia for the past two years.

“I am excited to welcome Ampion to the Wipro family. Ampion has a successful track record and enjoys immense credibility with leading enterprises in the region, a collaborative work culture, and significant local subject matter expertise. We see Ampion as complementary forces that will help us expand our footprint and accelerate our journey in the Asia Pacific region,” said N.S. Bala, CEO, APMEA, Wipro Limited.

“Our clients, employees and the entire market ecosystem will tremendously benefit from the synergies of Ampion and Wipro’s combined portfolio of transformation offerings,” said Jamie Duffield, CEO, Ampion.

“We believe that Ampion’s experience, talent, capabilities and proven client credentials in ANZ, coupled with Wipro’s global scale, leadership in technology, and a deep understanding of domain and delivery, will make us a truly formidable team. We are pleased to become a part of Wipro and look forward to an exciting journey together”, added Duffield.

Wipro Limited, with over 190,000 committed employees serving clients across six continents, is a multinational organization known for its diverse range of services, clear dedication to sustainability, and good corporate citizenship. It combines cognitive computing, hyper-automation, robotics, cloud, analytics, and emerging technologies to assist our clients in adapting to the modern environment and achieving success.

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