CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which company will acquire Edgile for $230-million?
A
Wipro
B
TCL
C
Accenture
D
Infosys
Explanation: 

Detailed explanation-1: -Deal. Wipro to acquire US cybersecurity firm Edgile for $230 million.

Detailed explanation-2: -Wipro announced its intention on December 20, 2021, to acquire Austin, Texas-based Edgile, a cybersecurity consulting provider that focuses on risk and compliance, information and cloud security, and digital identity for a purchase consideration of $230 million, according to regulatory filings.

Detailed explanation-3: -Wipro’s largest acquisition to date was in 2021, when it acquired Capco for $1.5B. It’s largest disclosed sale occurred in 2009, when it sold Infocrossing to Mariner Systems for $600M. Wipro has acquired in 8 different US states, and 8 countries.

Detailed explanation-4: -NEW YORK | BANGALORE, India - April 26, 2022: 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 a definitive agreement to acquire Rizing Intermediate Holdings, Inc.

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