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Wipro acquires SoC design firm NewLogic

Posted: 21 Dec 2005  Print Version  Bookmark and Share Subscribe

Keywords: wipro  acquire  newlogic 

[Summary of tips] Wipro Technologies, the global IT Services arm of Wipro Ltd has signed a definitive agreement to acquire the Austrian firm NewLogic in an all cash deal. Under the terms of the agreement, Wipro, will pay about Rs.253.94 crores (€47 million) to acquire hundred per cent stake in privately held NewLogic. The consideration inc......
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