Wipro shares in focus after $375 mn acquisition of HARMAN’s digital transformation solutions business

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Wipro is set to acquire Harman's Digital Transformation Solutions (DTS) for $375 million, enhancing its Engineering Research & Development services. The deal brings over 5,600 DTS employees across the Americas, Europe, and Asia to Wipro. DTS, with a strong presence in multiple countries and diverse sectors, reported a revenue of $314.5 million in CY24.