Wipro has agreed to acquire Capco, a provider of digital, consulting and technology services to financial institutions, for $1.45 billion.
Wipro announced that London-headquartered Capco’s clients include many top names in the financial services industry.
The company has worked with business leaders, including Boards and C-Suites in the banking, capital markets, wealth, asset management and insurance sectors. In addition, Capco services clients in the energy and commodities trading sector.
Capco has an experienced executive team and over 5,000 business and technology consultants based across more than 30 global locations supporting clients through their expert insights, entrepreneurial approach and focus on delivery excellence.
“Together, we can deliver high-end consulting and technology transformations, and operations offerings to our clients,” Thierry Delaporte, CEO and managing director of Wipro, said.