Wipro will invest £16 million to set up an innovation centre in London which will serve as the company’s flagship centre in the UK.
A press statement from the company said on Tuesday that the investment will take place over the next four years in the 20,000 sq ft innovation centre which will offer technology expertise to companies in the UK and globally.
The IT services provider has hired over 500 new employees in the UK in the past 12 months and, with the announcement of the Innovation Centre, expects its talent base to increase further over the coming years.
Wipro recently acquired UK-based Capco for $1.45 billion. This acquisition will add 1,300 employees in the UK.