Wipro acquires Harman's engineering R&D unit in $375 million deal

Wipro has announced a $375 million deal to acquire the engineering R&D unit of Harman. The acquisition is a significant move for Wipro to accelerate its growth in the digital engineering services space. The deal will bring over 5,600 employees from Harman to Wipro, including key leadership, strengthening its capabilities in areas like connected products and software platforms. This strategic acquisition positions Wipro to better serve clients in high-growth sectors and expand its global footprint.