Wipro to Acquire Ampion, Australia’s Leading Cybersecurity, DevOps and Quality Engineering Service Provider | Instant News

MELBOURNE, Australia & BANGALORE, India – () – Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has signed an agreement to acquire Ampion, a provider of cybersecurity services, DevOps and services quality engineering.

Ampion was formed through the merger of IT service providers ‘Revolution IT’ and ‘Shelde’. Revolution IT is an IT services company in Australia founded in 2004 and Shelde is a digital IT security company founded in 2010 in Australia. A combined entity, Ampion is headquartered in Melbourne, with offices in Sydney, Brisbane and zone 3 facilities in Canberra.

The Australian market is experiencing significant disruption through the adoption of cloud, DevOps, analytics and digital capabilities related to resilience, across enterprises and public sector entities. The combined offering of Wipro and Ampion, supported by engineering transformation, DevOps and security consulting services will deliver market scale and agility to respond to growing customer demands.

Wipro’s new operating model emphasizes strategic investments in geographic focus, customer proximity, agility, scale, and localization. The acquisition of Ampion is an important step for Wipro in this direction, and strengthens commitment to clients and stakeholders in Australia and New Zealand (ANZ). Wipro has been present in the ANZ market for more than two decades with deep client relationships across industry sectors and local domains and delivery capabilities. Today, Wipro is well known for its differentiated technological solutions, and has also been recognized as the ‘Best Employer’ in Australia for the second year in a row.

“I am very happy to welcome Ampion to the Wipro family. Ampion has a successful track record and enjoys outstanding credibility with the region’s leading companies, a collaborative work culture, and significant local subject matter expertise. We see Ampion as a complementary force that will help us expand our footprint and accelerate our journey in the Asia Pacific region, ”said NS Bala, CEO – APMEA, Wipro Limited.

“Our clients, employees and entire market ecosystem will greatly benefit from the synergy of the combined portfolio of Ampion and Wipro transformation offerings,” said Jamie Duffield, CEO, Ampion. “We believe that Ampion’s proven experience, talent, capabilities and client credentials at ANZ, coupled with Wipro’s global scale, leadership in technology, and a deep understanding of domains and delivery, will make us a truly resilient team. We are excited to be a part of Wipro and look forward to an enjoyable journey together. ”

The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the quarter ending June 30, 2021

About Ampion

Ampion is Australia’s leading provider of cybersecurity, DevOps and quality engineering services. With a local team of experts consisting of more than 500 consultants and technology specialists, Ampion is a trusted delivery partner for more than 150 clients in Australia consisting of companies and public sector entities. Headquartered in Melbourne, with offices in Sydney, Brisbane and zone 3 facilities in Canberra, Ampion brings together 26 years of technical excellence from award-winning IT service providers Revolution IT and Shelde.

For more information, please visit www.ampion.com.au.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper automation, robotics, cloud, analytics and new technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive service portfolio, strong commitment to sustainability, and good corporate citizenship, we have more than 190,000 dedicated employees serving clients on six continents. Together, we find ideas and connect the dots to build a new, bolder and bolder future.

Forward-looking Statements

The forward-looking statements contained herein represent Wipro’s beliefs regarding future events, many of which are inherently uncertain and beyond Wipro’s control. Such statements include, but are not limited to, statements regarding Wipro’s growth prospects, future results of financial operations, and its plans, expectations and intentions. Wipro warns readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated by such statements. These risks and uncertainties include, but are not limited to, risks and uncertainties related to fluctuations in our revenues, revenues and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to keep costs down. we. profits, rising wages in India, our ability to attract and retain highly skilled professionals, time and cost overruns at fixed prices, fixed time frame contracts, client concentration, immigration restrictions, our ability to manage our international operations, reducing demand for technology at our main focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages to our service contracts, the success of companies in which we make strategic investments, withdrawal of government fiscal incentives, political instability, wars, legal restrictions on raising capital or acquiring companies outside of India, unauthorized use of our intellectual property and general economic conditions that affect our business and industry. The conditions caused by the COVID-19 pandemic can reduce technology spending, affect demand for our products, affect customer spending levels and may adversely affect our customers’ ability or willingness to purchase our offerings, adversely delay purchasing decisions of potential customers. affect our ability to provide onsite consulting services and our inability to provide our customers or delay the provision of our offerings, all of which could adversely affect future sales, results of operations and overall financial performance. Our operations can also be negatively affected by various external factors related to the COVID-19 pandemic which are not within our control. Additional risks that could affect our future results of operations are more fully described in our submissions to the United States Securities and Exchange Commission, including, but not limited to, the Annual Report on Form 20-F. This submission is available at www.sec.gov. We may, from time to time, make written and oral forward-looking statements, including statements contained in company filings with the Securities and Exchange Commission and our reports to shareholders. We do not promise to update any forward-looking statements that may be made from time to time by us or on our behalf.

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