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Wipro Acquires US Data Centre Provider Infocrossing

Wipro Ltd, India's third-largest software company, has completed the acquisition of Infocrossing Inc, a New Jersey-based data centre provider for approximately USD 600 million. Infocrossing, specialising in information technology infrastructure, enterprise application and business process outsourcing services, is Wipro's biggest overseas acquisition, for which it paid USD18.70 a share. The buyout will give Wipro its first data centres in the US cities of Omaha, Nebraska, and Tempe. Set up in 1985, Infocrossing went public in 1992. The company has 900 employees and five data centres.

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