Wipro to acquire Brazil’s IVIA Serviços de Informática Ltda for US$ 22.4 million

IT major Wipro on Tuesday said it has signed an agreement to acquire Brazil-based IVIA Serviços de Informática Ltda for about USD 22.4 million (about Rs 169 crore).

IVIA’s local talent and long-standing relationships, combined with Wipro’s global expertise, will help expand the information technology firm’s geographical footprint in Brazil, Wipro said in a statement.