Wipro to acquire Australian cyber security firm for $117M

Global IT firm Wipro announced the acquisition of ‘Ampion’ an Australian cyber security, DevOps, and quality engineering services provider, for $117 million.

The acquisition is supposed to conclude in the quarter ending June 30, 2021, subject to customary closing conditions and regulatory approvals.

Wipro has been present in the ANZ market for over two decades with broad client relationships across the sectors and localized domain and delivery capabilities. The acquisition of Ampion is an impornat step for Wipro in this direction and strengthens the commitment towards clients and stakeholders in Australia and New Zealand (ANZ). 

The headquarters of Ampion is in Melbourne and offices in Sydney, Brisbane, and a zone 3 facility in Canberra. Ampion was formed through a merger of an IT firm and a cyber security firm in 2010. The Australian market is experiencing vital disruption by adopting cloud, DevOps, analytics, and resilience-related digital capacities across enterprises and public sector entities. 

Wipro and Ampion’s consolidated offerings, powered by engineering transformation, DevOps, and cyber security consulting services, will bring scale and market agility to respond to customers’ growing demands.

Wipro’s new operating model features strategic investments in focus geographies, proximity to customers, agility, scale and localization. Today, Wipro is well known for its differentiated technology solutions and has also been recognized as a ‘Top Employer’ in Australia for two consecutive years.

“I am excited to welcome Ampion to the Wipro family. Ampion has a successful track record and enjoys immense credibility with leading enterprises in the region, a collaborative work culture, and significant local subject matter expertise. We see Ampion as a complementary force that will help us expand our footprint and accelerate our journey in the Asia Pacific region,” said N.S. Bala, CEO – APMEA, Wipro Limited.

“Our clients, employees and the entire market ecosystem will tremendously benefit from the synergies of Ampion and Wipro’s combined portfolio of transformation offerings,” said Jamie Duffield, CEO, Ampion. “We believe that Ampion’s experience, talent, capabilities and proven client credentials in ANZ, coupled with Wipro’s global scale, leadership in technology, and a deep understanding of domain and delivery, will make us a truly formidable team. We are pleased to become a part of Wipro and look forward to an exciting journey together.”

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