Global IT consulting powerhouse Wipro announced this week that it will pay $230 million to add cybersecurity muscle to its portfolio with the acquisition of Edgile.
Austin, Texas-based cybersecurity consulting provider Edgile focuses on risk and compliance, information and cloud security, and digital identity and partners with such tech giants as Microsoft, ServiceNow and SailPoint.
“Cybersecurity & Risk Services (CRS) is a key driver of Wipro’s growth strategy in the near-term as the cybersecurity industry is poised at a critical and exciting time in its evolution,” Wipro said in an emailed response. “One of the key areas of growth for Wipro’s CRS unit is building strategy and consulting capabilities to increase our relevance with clients looking to transform their cybersecurity system.”
The acquisition of Edgile, which made CRN’s 2021 SP500 list, is expected to close in March 2022. Edgile is a privately held company and will be bringing over all 182 employees as part of the acquisition.
“Adding Edgile’s strategic consulting capabilities and launching Wipro CyberTransform are significant milestones on our journey to becoming the trusted partner to…
