Wipro Buys SAIC Oil and Gas Info Tech Biz

Cody, Tamika
April 2011
Mergers & Acquisitions Report;4/4/2011, Vol. 24 Issue 14, p30
The article reports that the global oil and gas information technology (IT) unit of Science Applications International Corp. will be acquired by Wipro Technologies for 150 million U.S. dollars. The acquisition provides consulting system integration and outsourcing services to global oil majors with significant domain capabilities within the digital oil field, petro-technical data management and petroleum application services. Wipro will integrate 1,450 employees from the unit into its businesses throughout North America, Europe, India and Middle East.


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