Wipro Limited subsidiary signed definitive agreement on April 14, 2026 to acquire select customer contracts from Alpha Net Consulting LLC.
Total purchase consideration is up to US$70.8 million, including deferred earnout payments subject to performance metrics.
Acquisition provides Wipro access to key clientele and workforce to augment AI-powered consulting-led application services.
Transaction expected to be completed by June 30, 2026, with no regulatory approvals required.