Acquisitions2 Dec 2025, 07:31 am
Wipro Completes Acquisition of Harman Connected Services
AI Summary
Wipro Ltd, through its subsidiaries, has completed the acquisition of 100% shareholding in Harman Connected Services Inc. and its subsidiaries and certain other assets from Harman International Industries, Inc. The transaction, which was announced in August 2025, has now been completed as of December 1, 2025, in compliance with the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2015.
Key Highlights
- Wipro completes acquisition of Harman Connected Services
- Transaction valued at 100% shareholding in Harman Connected Services Inc. and its subsidiaries and certain other assets
- Acquisition completed on December 1, 2025
- Transaction in compliance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2015
- Harman International Industries, Inc. was the selling party