Wipro to acquire Australia’s Ampion for $117 million

Wipro on Thursday said it will pay $117 million in cash to acquire Ampion, an Australia-based provider of cybersecurity, DevOps and quality engineering services as it steps up focus on increasing local presence in key markets.

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