Wipro completes merger of US subsidiaries to streamline operations
pre-market1 source ↓machine-written, see hownot a recommendation
Wipro Limited has finalized the merger of its step-down US subsidiaries, Wipro VLSI Design Services, LLC into Wipro IT Services, LLC, effective 01 Oct 2026. The merger aims to simplify corporate structure and consolidate operations.
Key details include Wipro VLSI's turnover of USD 1,043,971 as of 31 Mar 2026, while Wipro IT Services reported NIL turnover. This strategic move may enhance operational efficiency and reduce costs.
Not investment advice. For informational purposes only.