Wipro to Acquire Customer Contracts from Alpha Net Consulting for $70.8 Million
Wipro to acquire select customer contracts of Alpha Net Consulting LLC
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Wipro Limited, based in India, has agreed to acquire select customer contracts from Alpha Net Consulting LLC for up to $70.8 million. This acquisition will enhance Wipro's AI-driven consulting services and expand its client base, with the deal expected to close by June 30, 2026.
- 01Wipro is acquiring customer contracts from Alpha Net Consulting LLC for up to $70.8 million.
- 02The acquisition will enhance Wipro's AI-powered consulting services.
- 03The deal is expected to be finalized by June 30, 2026.
- 04Alpha Net Consulting LLC is based in Santa Clara, California, USA.
- 05The acquisition will help Wipro access new growth opportunities and key clientele.
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Wipro Limited, a leading Indian multinational corporation, has signed a definitive agreement to acquire select customer contracts from Alpha Net Consulting LLC for a purchase consideration of up to $70.8 million. This acquisition, announced on April 14, 2026, aims to enhance Wipro's capabilities in AI-powered and consulting-led application services. By acquiring these contracts, Wipro will gain access to a key clientele and the associated workforce, which is expected to drive new growth opportunities for the company. The transaction is anticipated to be completed by June 30, 2026. Alpha Net Consulting, founded in 2001 and headquartered in Santa Clara, California, USA, specializes in enterprise software development, data engineering, and managed services, catering to a global clientele in an increasingly AI-driven landscape.
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This acquisition will strengthen Wipro's position in the AI and consulting sectors, potentially leading to increased job opportunities and enhanced service offerings for clients.
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