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Computers - Software & Consulting
Acquisitions18 Dec 2024, 09:38 pm

Wipro Limited Acquires Capco Consulting Middle East FZE, a Dubai-based Consulting Firm

AI Summary

Wipro Limited, a leading global information technology, consulting, and business process services company, has announced the incorporation of Capco Consulting Middle East FZE as a step-down subsidiary. Capco Consulting Middle East FZE, based in Dubai, UAE, is a consulting firm specializing in IT infrastructure, IT consulting, and management consultancies. Wipro Limited holds 100% shareholding through its step-down subsidiary, Grove Holdings 2 S.a.r.l. The acquisition aims to explore new business opportunities and expand Wipro's presence in the United Arab Emirates, offering management consulting services.

Key Highlights

  • Wipro Limited incorporates Capco Consulting Middle East FZE as a step-down subsidiary
  • Capco Consulting Middle East FZE is a Dubai-based consulting firm specializing in IT infrastructure, IT consulting, and management consultancies
  • Wipro Limited holds 100% shareholding through its step-down subsidiary, Grove Holdings 2 S.a.r.l
  • The acquisition aims to expand Wipro's presence in the United Arab Emirates and offer management consulting services
  • Capco Consulting Middle East FZE was incorporated on December 17, 2024
WIPRO
Computers - Software & Consulting
WIPRO LTD.

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