Alpha Net customer contracts Acquired by Wipro | Technology M&A Deal

Wipro has agreed to acquire select Alpha Net customer contracts, a IT consulting business in India. Wipro acquisitions in it consulting acquisition focus on transferring customer relationships and delivery commitments tied to Alpha Net’s technology services. The Alpha Net customer contracts acquisition supports Wipro’s strategic acquisition strategy to expand managed services and consulting engagements for enterprise clients. This add on acquisition is categorized as technology M&A and is an add on acquisition by a strategic buyer, with deal size undisclosed and terms expected to be finalized through the announced agreement.