US EditionWipro Acquires Harman DTS for $375 Million
Wipro will integrate 5,600 Harman DTS employees across 14 countries, enhancing AI-driven engineering in sectors like healthcare and aerospace, aiming to boost innovation and reduce time-to-market.
- In a market filing on August 21, 2025, Wipro Limited disclosed that it will acquire the 100% stake in Digital Transformation Solutions from HARMAN, a Samsung company, in a $375 million all-cash deal expected to close by December 31, 2025, pending regulatory approvals.
- Wipro framed the move as broadening its AI-powered digital engineering and device engineering services, with Srikumar Rao saying `The acquisition of DTS marks a pivotal step in Wipro's ambition to bring to our clients end-to-end, Al-powered engineering services`.
- The deal will shift over 5,600 DTS employees across the Americas, Europe and Asia to Wipro, with DTS headquartered in Connecticut and providing embedded software, digital and device engineering; post-closing, DTS will be integrated into Wipro's Engineering Global Business Line.
- Emkay Global and others said the acquisition will be accretive to Wipro's ER&D revenue by around 10% and add 0.7 percent growth in FY26 and 2.3 percent in FY27, despite potential margin dilution.
- The move follows an industry trend where IT firms accelerate consolidation to expand AI and digital engineering, while HARMAN and Samsung sharpen focus on automotive electronics after Samsung's 2016 acquisition of Harman for $8 billion.
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Why Wipro’s Harman DTS acquisition hasn’t enthused investors despite lower valuation
The deal will allow Wipro to access new markets and expand in various sectors, despite potential margin dilution due to integration costs. Investor reaction has been tepid, with shares little changed.
·New Delhi, India
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