Table of Contents
What the Capco deal means for Wipro stock?
Stock may offer value at 15\% below current levels The company has indicated it means business with its recent acquisition of UK-based IT consulting company Capco (announced March 4) for $1.5 billion. The value of this one acquisition matches the cumulative value of all acquisitions by Wipro in the last four years.
Is Capco a good consulting firm?
Capco is a relatively new consultant firm with a focus on IT systems and financial compliance consulting. While our users noted that the firm is an okay place to work at – it does not have the same prestige league as MBB or the Deloitte and PWC level firms.
Why do you want to work at Capco?
Capco has a tolerant, open culture that values diversity, inclusivity and creativity. By putting people at the heart of our agenda, we foster a work environment where you can grow personally and professionally, while being able to be yourself at work.
How much did Wipro pay Capco?
India’s Wipro to Acquire Capco Tech Consulting Firm for $1.45 Billion – Bloomberg.
What do Capco consultants do?
Capco Consulting combines industry innovation and technology solutions with deep domain, regulatory and consulting expertise to solve complex business challenges. Our global, cross-functional teams collaborate with clients to develop tailored solutions across strategy, design, and end-to-end delivery.
Is Capco a big company?
With 32 offices globally, we are positioned in our industry as a highly respectable and credible alternative to the largest global consultancies. As a fully independent company, Capco is poised for growth and expansion, and you can be a part of our success story.
Why did Wipro acquire Capco?
Better access to newer geographies and clients: With more than 40 percent of Capco’s US$700 million revenue coming from Europe, this acquisition will help Wipro strengthen its foothold in that market.
Who took over Capco?
Wipro’s
Wipro’s acquisition of Capco completed. Wipro’s acquisition of Capco is now complete. This union will enable us to offer bespoke, transformational end-to-end solutions, powered by innovative technology at scale, to create a new leading partner to the financial services and energy industries.
What makes Capco different?
What makes Capco different? At Capco, all employees are encouraged to challenge, change and create ideas. All Capco employees, regardless of background or experience, are encouraged to challenge, change, and create ideas that will bring the financial services industry into the future.
Why is Capco a good company?
Good company with great people Capco has a great work culture. The management team is very helpful and always proactive. The pay and benefits are good and there’s possibility of fast advancement.
How many companies has Wipro acquired in 5 years?
information technology Company Wipro has acquired 17 companies, including 11 in the last 5 years. A total of 6 acquisitions came from private equity firms. It has also divested 4 assets. Wipro’s largest acquisition to date was in 2016, when it acquired Appirio for $500M.
What is the CEO of Capco doing at Wipro?
Lance Levy, CEO of Capco said, “We are incredibly excited to join our new colleagues at Wipro. Together, we will offer bespoke transformational end-to-end solutions, now powered by innovative technology at scale, to create a new leading partner to the financial services industry.
Why did Wipro acquire Infocrossing?
This acquisition was done to strengthen Wipro’s existing business in the healthcare sector, which accounts for 12\% of the company’s overall business. It was the second-biggest acquisition in the company’s history; the biggest was in 2007 when it acquired Infocrossing for about $600 million.
What is the significance of the Wipro-Bengaluru merger?
This acquisition will make Wipro one of the largest end-to-end global consulting, technology and transformation service providers to the banking and financial services industry.