Wipro wins $1-billion deal from Singapore-based Olam Group, to acquire IT arm Mindsprint

Aside from delivering end-to-end transformation services for Olam Group’s ‘farm-to-fork’ operations, the IT firm will also be acquiring Mindsprint, Olam’s IT arm, for $375 million in an all-cash deal, a release stated.

IT major Wipro on Monday has announced an eight-year transformation contract with Singapore-based food and agri-business Olam Group, that is expected to be valued at more than $1 billion, with a committed spend of $ 800 million.