Wipro will acquire Australian company Ampion

Wipro will acquire Australian company Ampion
Ampion provides cyber security, software development and quality engineering services
Acquisition is valued at $ 117 million
Transaction may be complete in the current quarter itself
Wipro aims to strengthen its presence in Australia and New Zealand
The company had recently acquired British consulting firm Capco for $ 1.45 billion
Headquartered in Melbourne, Ampion has offices in Sydney, Canberra and Brisbane
Company also has more than 500 consulting and technology specialists
As of June 30, 2020, company had a revenue of $ 85.5 million
Of this, 12% is from product sales

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