IT giant Wipro is all set to acquire Australia-based company Ampion. According to media reports, the deal is finalised at $117 million. The acquisition is seen as part of Wipro’s larger efforts at consolidating their positions in focus geographies, customer outreach, building agility, scaling, and localisation. The acquisition of Ampion will help Wipro strengthen its commitment to clients and stakeholders in Australia and New Zealand (ANZ). The deal is expected to close in the quarter ending June 30, 2021.
Ampion, a cybersecurity, DevOps, and quality engineering services firm, was formed through the merger of IT service providers Revolution IT and Shelde’. Revolution IT was an Australian IT company founded in 2004 and Shelde was a digital IT security company established in 2010. Ampion is headquartered in Melbourne and has offices in Sydney, Brisbane, and a zone 3 facility in Canberra.
Due to the rapid adoption of cloud, DevOps, analytics and resilience-related digital capabilities across private and public entities, the Australian market is seeing significant disruption. Wipro’s acquisition of Ampion, will combine their offerings and bring scale and market agility to respond to the growing demands of the customers.
Wipro already has presence in ANZ market for over two decades with good client relations across sectors and localised domain, and delivery capabilities. It has also been recognised as the ‘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. 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,” said Jamie Duffield, CEO, Ampion.
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I am a journalist with a postgraduate degree in computer network engineering. When not reading or writing, one can find me doodling away to my heart’s content.