Wipro (NYSE: WIT) completes 100% acquisition of DTS from Harman International
Rhea-AI Filing Summary
Wipro Limited reports that it has completed the acquisition of 100% of the shareholding in Harman Connected Services Inc. and its subsidiaries and certain other assets, collectively referred to as "DTS," from Harman International Industries, Inc. On December 2, 2025, Wipro informed the Indian stock exchanges where its securities are listed and the New York Stock Exchange that the transaction had closed.
The company notes that this update follows its earlier announcement on August 21, 2025 about the planned acquisition. Wipro also issued a press release on December 2, 2025 detailing the DTS acquisition, which is included as an exhibit, along with the formal letters sent to the exchanges.
Positive
- None.
Negative
- None.
Insights
Wipro completes the DTS acquisition from Harman, expanding its technology services footprint.
Wipro Limited confirms closing the acquisition of 100% of DTS (Harman Connected Services Inc., its subsidiaries, and certain other assets) from Harman International Industries, Inc.. This moves the deal from an announced transaction on
The transaction adds an established connected services business to Wipro’s portfolio, which may enhance its capabilities in areas such as embedded, software, or connected solutions as described by DTS’s business profile outside this excerpt. Completion also signals that customary closing conditions and regulatory steps referenced in the earlier announcement were satisfied.
Key communications include formal notifications to the Indian exchanges and the New York Stock Exchange, and a press release dated