Wipro to buy select contracts from California IT firm Alpha Net for $71 million to enhance AI, consulting services
Wipro Ltd will acquire certain contracts from an IT company in California for $71 million, bringing its total acquisition spending in the first month of the fiscal year to almost half a billion dollars as it chases growth in an uncertain macroeconomic environment.
The country’s fourth-largest tech services firm said on Wednesday it would acquire select contracts from Alpha Net Group, which specializes in enterprise software development, data engineering and managed services.
