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

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

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

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

Next Story
Infrastructure Urban

India Expands Semiconductor Training To 500 Institutions

Under the Chips to Startups programme of the India Semiconductor Mission, the Union minister responsible for Railways, Information and Broadcasting, and Electronics and IT reported notable progress in talent development. He indicated that over the past four years substantial steps have been taken towards a 10-year target of training 85,000 engineers in semiconductor design. World-class EDA tools have been deployed in 315 academic institutions across the country to provide students with practical exposure to chip design. These EDA tools are supported by leading global firms and are accessible t..

Next Story
Infrastructure Urban

Delhi Institutions Support India Semiconductor Mission

The Government of India has prioritised talent development through training, upskilling and workforce development under the Chips to Startups initiative of the India Semiconductor Mission, with officials noting progress in four years towards a 10-year target of training 85,000 engineers in semiconductor design. Electronic design automation tools provided by Synopsys, Cadence, Siemens, Renesas, Ansys and AMD have been deployed in 315 academic institutions, enabling students to gain practical chip design experience. Chips have been fabricated and tested at the Semiconductor Laboratory, Mohali, a..

Next Story
Infrastructure Urban

NHA Announces Winners Of NHCX Hackathon At IIT Hyderabad

The National Health Authority (NHA) has concluded the NHCX Hackathon under the Ayushman Bharat Digital Mission (ABDM) to stimulate innovation around the National Health Claims Exchange (NHCX). The winning teams presented their solutions at the NHCX Innovation Meet held at IIT Hyderabad during a two-day event in March 2026 that also served as the hackathon grand finale. The hackathon itself ran from 22 to 28 February 2026 and aimed to accelerate paperless, transparent claims processing across India. The event was organised with a range of ecosystem partners, including the Insurance Regulatory a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement