Wipro to Acquire HARMAN’s Digital Transformation Solutions unit for Rs 32.72 Bn

22 Aug 2025 CW Team

Bengaluru-based IT services company Wipro has announced the acquisition of HARMAN’s (a Samsung company) Digital Transformation Solutions (DTS) business unit in a deal valued at Rs 32.72 billion. The transaction is expected to close by the end of this year, subject to regulatory approvals.

Headquartered in Connecticut, USA, DTS provides engineering research and development (ER&D) and IT services across industrial, consumer, hi-tech, healthcare and life sciences sectors. Its offerings include embedded software, digital engineering, design thinking and device engineering. The unit employs more than 5,600 people across 14 countries, including India, the US, South Korea, the UK, Poland and Germany, all of whom will transition to Wipro upon completion of the acquisition.

The deal expands Wipro’s ER&D capabilities, particularly in AI-powered digital engineering and device engineering, spanning design-to-manufacturing solutions across technology, aerospace, healthcare and consumer industries. DTS reported consolidated revenues of $315 million in 2022, $308.2 million in 2023 and $314.5 million in 2024, with services accounting for around 85 per cent of its CY24 revenue.

As part of the acquisition, Wipro will enter into a multi-year strategic agreement with HARMAN and Samsung. Once completed, DTS will be integrated into Wipro’s Engineering Global Business Line.

News source: Deccan Herald

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..