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Wipro to buy select Alpha Net Consulting customer contracts for up to US$ 70.8 million

PUBT·04/21/2026 20:02:58
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Wipro to buy select Alpha Net Consulting customer contracts for up to US$ 70.8 million
  • Wipro signed a definitive agreement on April 14, 2026 to acquire select customer contracts from Alpha Net Consulting and its subsidiaries.
  • Purchase consideration totals up to USD 70.8 million, including a deferred earnout tied to performance conditions.
  • Transaction targets access to key clients plus related workforce to strengthen Wipro AI-powered, consulting-led application services.
  • Closing expected by June 30, 2026.
  • Alpha Net Group was founded in 2001 and is headquartered in Santa Clara, California.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wipro Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-166704), on April 21, 2026, and is solely responsible for the information contained therein.