Wipro agrees to acquire Applied Value Technologies for $40 million

thehindu.com

Wipro Ltd. has agreed to acquire Applied Value Technologies and its affiliates for up to $40 million. This all-cash deal is expected to close by December 31, 2024. Applied Value Technologies, founded in 2021, is based in Massachusetts, with additional offices in Singapore and the Netherlands. The company specializes in enterprise application development. The revenue of Applied Value Technologies has grown significantly, from $0.8 million in 2021 to $19.4 million in 2023.


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Wipro agrees to acquire Applied Value Technologies for $40 million | News Minimalist