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HomeBusinesswipro: Wipro Acquires Sap Consulting Co For $540mn | India Business News

wipro: Wipro Acquires Sap Consulting Co For $540mn | India Business News

BENGALURU: Wipro is acquiring Rizing Intermediate Holdings, a global SAP consulting firm, for $540 million (about Rs 4,140 crore).
Rizing is the latest in a series of big acquisitions by Wipro under CEO Thierry Delaporte, who joined the company in July 2020.
“Rizing’s high-touch approach, along with its industry expertise and SAP consulting capabilities in enterprise asset management, consumer industries, and human experience management, will be instrumental in advancing Wipro’s position as a sought-after advisor for clients’ most complex SAP transformations,” Wipro said in a release.
SAP consultancies are frequently targets of acquisition. Accenture has acquired several of them in just the past couple of years.
Delaporte said Rizing’s complementary consulting capabilities and strong client relationships “will significantly boost our existing offering, creating one of the most differentiated SAP services in the marketplace.” Together, he said, they would be able to expand their presence in high-growth industry sectors.
Mike Maiolo, CEO of Rizing, said that with Wipro’s backing, Rizing would be able to enhance the value delivered to their current clients and bring its differentiated offering to a broader universe of businesses.

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