Increases digital transformation capabilities in North America
while creating the preeminent design consultancy
Wipro Digital today announced that it has signed a definitive
agreement to acquire Cooper, an award-winning design and business
strategy consultancy. Wipro Digital is the digital business unit of
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company. Cooper will become part of Designit, Wipro
Digital’s strategic design arm, further strengthening its design
and innovation capabilities, expanding its reach in North America
and adding capabilities in professional design education.
Increasingly, global enterprise clients recognize that design is
a critical part of any digital or business transformation. By
adding Cooper’s skills and expertise, Wipro will be better
positioned to support its clients’ digital programs.
“Our combined capability across design, strategy and technology
gives us a unique platform for working side-by-side with clients on
the entirety of their digital initiatives. With Cooper, an
acknowledged leader and pioneer in the design community with roots
on the East and West coasts, we will now be the preeminent firm for
world-class UX (User Experience) and interaction design. This
coupled with Designit’s global strategic design services and our
world-class engineering capability, will allow us to support the
complete digital journey for our clients, helping them transform
their businesses for the future,” said Rajan Kohli, Global Head
and Senior Vice President, Wipro Digital. Wipro Digital and
Designit serve clients from 16 offices around the world.
Headquartered in San Francisco, Cooper has been a leading brand
in interaction design, UX and professional design education for
more than 25 years. Founded by Sue Cooper and Alan Cooper, the
“Father of Visual Basic,” the consultancy is credited with
inventing many tools and approaches used in design, including the
Goal-Directed Design method and personas as a practical interaction
design tool. Cooper employs 35 people in offices in San Francisco
and New York and provides consulting and training services to top
brands including Fortune 500 companies, leading non-profits and
government agencies.
“Designit and Cooper are a perfect match. Both companies are
passionate about creating products, experiences and systems that
matter and are high-impact and strategic. As a combined force with
Wipro, we’ll take our clients to new places, and help them think
like a startup again,” said Mikal Hallstrup, Designit's Founder
and Global CEO.
“Designit and Cooper share a strikingly similar culture and a
shared passion for turning complex problems into solutions people
love. Both companies are characterized by unparalleled
craftsmanship, real-world practicality and a humanizing approach to
technology. As a combined force, we will continue to shape the
future of business,” said Alan Cooper, Co-Founder of
Cooper.
The acquisition is subject to customary closing conditions and
is expected to be closed in the third quarter of fiscal
2017-18.
About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading
global information technology, consulting and business process
services company. We harness the power of cognitive computing,
hyper-automation, robotics, cloud, analytics and emerging
technologies to help our clients adapt to the digital world and
make them successful. A company recognized globally for its
comprehensive portfolio of services, strong commitment to
sustainability and good corporate citizenship, we have over 160,000
dedicated employees serving clients across six continents.
Together, we discover ideas and connect the dots to build a better
and a bold new future.
About Wipro Digital
Wipro Digital, the digital business unit of Wipro, collaborates
and iterates with clients to deliver customer-centered digital
transformation. Working at the intersection of strategy, design and
technology, we derive insight, shape interaction, drive integration
and unlock innovation for our clients. We apply Customer Journey
Engineering to create extraordinary experiences for global brands,
businesses and their customers at scale. Learn more
at wiprodigital.com or @WiproDigital.
About Designit
Designit is a global strategic design firm, part of the leading
technology company Wipro. We match big-picture thinking with
creativity and technology to drive change and growth across
businesses, industries and societies. We are here to make a
human-shaped world, where everything is designed around real human
needs. With a team of 500+ designers, researchers and business
designers across 14 offices worldwide, we make products, services
and experiences that improve the way we all live, work and do
business.
About Cooper
Cooper is a leading consulting firm and training center founded
by Alan Cooper, the Father of Visual Basic. Cooper applies design
thinking techniques – many of which they invented – to create
innovative products, services and organizations. For 25+ years,
Cooper has worked with thousands of top clients in virtually every
industry and vertical.
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth
prospects are forward-looking statements, which involve a number of
risks, and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks
and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding fluctuations in our
earnings, revenue and profits, our ability to generate and manage
growth, intense competition in IT services, our ability to maintain
our cost advantage, wage increases in India, our ability to attract
and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, our ability to manage our
international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, our ability
to successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which we make strategic investments, withdrawal of
fiscal governmental incentives, political instability, war, legal
restrictions on raising capital or acquiring companies outside
India, unauthorized use of our intellectual property, and general
economic conditions affecting our business and industry. Additional
risks that could affect our future operating results are more fully
described in our filings with the United States Securities and
Exchange Commission. These filings are available at www.sec.gov. We
may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the
company’s filings with the Securities and Exchange Commission and
our reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us
or on our behalf.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171005005433/en/
Wipro LimitedVipin Nairvipin.nair1@wipro.com
Wipro (NYSE:WIT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Wipro (NYSE:WIT)
Historical Stock Chart
From Apr 2023 to Apr 2024