Wipro acquires Harman DTS for $375 million

Wipro Ltd acquires Harman Digital Transformation Services (DTS), the software services and engineering arm of the Connecticut-based audio product manufacturer, in a bid to strengthen its engineering, research, and development arm.

On Thursday, the country’s fourth-largest information technology (IT) services company stated that its acquisition of Harman DTS, which makes JBL speakers, is expected to cost about $375 million and will be completed by December this year.

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