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Wipro bags Rs 615-crore Karanataka govt project & completes InfoSERVER acquisition

The tech major was part of two key announcements recently.

Wipro has bagged a Rs 615.82 crore contract with the Karnataka government to connect up to 10,000 offices across the state from the Gram Panchayat level. This would be part of the Karnataka State Wide Area Network (KSWAN) project- I and II.

Setup in December 2009, the KSWAN project aims to provide reliable and secure connectivity to users all across the state. The idea is to have fault-free, reliable, voice, video and data communication services in all government offices in the state. “KSWAN, that initially began in 2009, has ended in 2014,” said Law and Parliamentary Affairs Minister T B Jayachandra in a PTI report. “Now the cabinet has given the go ahead for KSWAN-I and KSWAN-II. For this, we will be signing a five-year contract with Wipro. Rs 615.82 crore bid has been accepted.”

In other news, Wipro announced it has completed the acquisition of InfoSERVER, the Brazilian IT service provider, April 10, 20 for $8.7 million. The agreement was signed in January of this year and the impact will be reflected in the company’s financials for the June quarter.

InfoSERVER services some of Brazil’s biggest banks, and Wipro had then stated it plans to use this buyout to help expand its presence in the country’s financial services, banking and insurance domains.

Photograph: fraboof/Flickr 

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