Wipro Limited has informed the Exchange regarding a press release dated August 21, 2025, titled "Wipro Acquires HARMAN s Digital Transformation Solutions (DTS) Business Unit, Deepening Engineering Innovation and R&D Excellence".
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Wipro has agreed to acquire the Digital Transformation Solutions (DTS) business unit from HARMAN (a Samsung company) to strengthen its engineering research and development (ER&D) services. Over 5,600 DTS employees across the Americas, Europe, and Asia will move to Wipro once the deal closes, expected by December 31, 2025, subject to regulatory approvals. The acquisition gives Wipro deeper capabilities in AI-powered digital engineering, design-to-manufacturing, connected products, and software platforms for clients in Hi-Tech, Industrial, Healthcare, Aerospace, and Consumer sectors. Wipro will also enter into a multi-year strategic partnership with HARMAN and Samsung, creating new joint growth opportunities. The financial terms of the deal were not disclosed in the press release.
This is a strategic, capability-led acquisition rather than a revenue play, and the lack of disclosed deal value keeps near-term stock reaction in check. For shareholders, it boosts Wipro's ER&D positioning and adds meaningful talent and high-tech vertical exposure, but the market will watch for integration risk and any margin pressure once the deal closes in late 2025.