Wipro has Signed a Multimillion-Dollar Deal
Wipro has signed a multimillion-dollar deal with this Warren Buffet-owned company, Read More to Know full Information about the topics.
By Tech Hunt
What is Wipro Technologies?
Wipro Limited also includes a hardware business unit named Wipro Infotech that sells laptops, desktops and storage devices mainly to government departments and public sector undertakings (PSUs) in India. Wipro’s subsidiaries comprise Wipro Consumer Care & Lighting, Wipro GE Medical Systems Limited and Wipro Infrastructure Engineering.
The company later diversified into the manufacture of additives and other customer products and ventured into tech in 1985, selling locally-made computers. As of the writing, its subsidiaries include Wipro Consumer Care & Lighting, Wipro GE Medical Systems Limited and Wipro Infrastructure Engineering.
Wipro has signed a multimillion-dollar deal
Wipro NSE 0.87 percent has multimillion-dollar technology providers deal from American underwear maker Fruit of the Loom, a company owned by billionaire investor Warren Buffett‘s Berkshire Hathaway. The Kentucky-based company is a Wipro customer already.
The company is expected to start the phased transition of its own IT solutions to Wipro and the process will last through March next year. “Wipro doesn’t comment on specific customer loyalty,” said a company spokesperson.
The Deal with Warren Buffet-Owned Company
The deal focuses on enhancing efficiency in supply chain and supply. “We shall transition added services to Wipro Limited, which is a strategic partner since 2013,” said a spokesperson for Fruit of The Loom.
A phased transition will start immediately and continue through March 2020, leading to a reduction of about 100 positions, mostly situated at the Bowling Green headquarters, it said.
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