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Wipro in deal to buy majority stake in Brazilian co
Country's third-largest software services exporter, Wipro, said on Wednesday it had signed a deal to acquire a majority stake in a Brazil-based hydraulic cylinder manufacturer RKM Equipamentos Hidr ulicos Ltda.
Updated on: May 11, 2011, 09:09:33 IST
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Country's third-largest software services exporter, Wipro, said on Wednesday it had signed a deal to acquire a majority stake in a Brazil-based hydraulic cylinder manufacturer RKM Equipamentos Hidr ulicos Ltda.
Wipro, which mainly focuses on software, said the acquisition would be a part of its infrastructure engineering division, and would be completed during the quarter.
It did not disclose financial details.
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