Global software major Wipro on Thursday announced buying Australia-based Ampion for $117 million (Rs 858 crore), as it provides cyber security, Dev Ops (software development and IT operations) and engineering services.
About Ampion Company
Ampion was formed through the merger of IT services providers ‘Revolution IT’ and ‘Shelde’.
Revolution IT was an IT services company in Australia founded in 2004 and Shelde was a digital IT security company founded in 2010 in Australia.
The merged entity, Ampion is headquartered in Melbourne, with offices in Sydney, Brisbane, and a zone 3 facility in Canberra.
Aim for Acquisition
Wipro’s new operating model emphasises strategic investments in focus geographies, proximity to customers, agility, scale and localisation.
The acquisition of Ampion is an important step for Wipro in this direction and strengthens the commitment towards clients and stakeholders in Australia and New Zealand (ANZ)
Completion of transaction
The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the June 30 ending quarter.
Comment from CEO
“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 a complementary force that will help us expand our footprint and accelerate our journey in the Asia Pacific region.”
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