IT services company Wipro's USD 375-million acquisition of HARMAN's Digital Transformation Solutions (DTS) business unit has been completed following regulatory nods, according to a release on Tuesday. The DTS buy was announced on August 21, 2025, and, with the successful closure of the deal, it will begin operating as part of Wipro's engineering global business line, the Bengaluru-headquartered IT company said in its release. "The acquisition of DTS marks a significant milestone in Wipro's commitment to advance AI capabilities, engineering innovation and R&D excellence," the release said. It is pertinent to note that on August 21, Wipro said it has signed a definitive agreement to acquire a 100 per cent stake in the Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company, for a cash consideration of up to USD 375 million (about Rs 3,270 crore). Under the agreement, more than 5,600 DTS employees, including senior leadership, across the Americas, Europe, ..
The Samsung-owned firm to ramp up production capacity by 50%, adding new SMT lines and next-gen telematics systems for global and Indian automotive clients
Wipro shares rose 1.2 per cent in morning deals, however, reversed gains later after company inked agreement to acquire HARMAN's DTS unit
The acquisition will enhance Wipro's capabilities in domain-led design, connected products, and software platforms
Under the deal, more than 5,600 employees from the DTS unit across the Americas, Europe and Asia will move to Wipro once the transaction is completed by year-end
HARMAN, a subsidiary of Samsung Electronics said it has taken strict legal action against dealers involved in the manufacture and sale of fake JBL and Infinity Car Audio products in the country
The JBL Bar2.1, Bar500, Bar800 and Bar1000 are available for purchase from Jan 17
Samsung has announced two new technologies -- Ready Care and Ready Tune -- for vehicles, in collaboration with its subsidiary brand HARMAN
At Rs 16,999, they're pretty steep. They don't offer anything unique but make a decent option if sound and comfort is your priority; JBL doesn't let us down there
Bengaluru (Karnataka) [India], June 8 (ANI/NewsVoir): Sound is set to get powerfully immersive and bassy with the launch of Infinity's new soundbar - Infinity Sonic B200 and headphone Infinity Glide 510, from the house of iconic audio brands, HARMAN.
Harman, the owner of JBL and Harman Kardon brands, among others, counts BMW, Harley Davidson and Daimler as its key customers for its connected car technologies