Wipro to acquire cybersecurity firm Edgile
Multinational tech conglomerate Wipro announced its plans to acquire information security consulting firm Edgile in a bid to strengthen its cybersecurity services.
In a statement, Wipro said that Edgile’s ‘strategy-first’ approach and ‘Quick Start’ solutions will enable both companies to deliver enhanced value in strategic cybersecurity services.
Once the merger is complete, Wipro and Edgile will develop an integrated cybersecurity suite called Wipro CyberTransform.
Through the collaboration of a wide pool of tech experts, Wipro CyberTransform will help organizations accelerate their digital transformation and operate in virtual, digital supply chains all in a highly secure manner.
Wipro Senior Vice President and Global Head Cybersecurity & Risk Services Tony Buffomante said that this deal will transform Wipro into a “trusted partner to security leaders and boardroom stakeholders” and help the company provide transformational cybersecurity globally.
Edgile CEO Don Elledge added that the partnership “will help our global customers to continue to securely embrace their digital transformation journey and sustain their ongoing risk management priorities.”
The acquisition is expected to amount to US$ 230 million and will be completed before March 31, 2022.
