Wipro has acquired Convergence Acceleration Options (CAS Group), a 5G community consulting and program administration firm serving cable and wi-fi firms. Monetary phrases of the deal weren’t disclosed.
That is know-how M&A deal quantity 368 that ChannelE2e has lined up to now in 2022. View over 1,000 know-how M&A offers involving MSP, MSSP and IT service suppliers listed right here.
CAS Group, established in 2007, is predicated in Roswell, Georgia. The vendor has 104 staff listed on LinkedIn.
The CAS Group gives strategic transformation applications in cellular/wi-fi, enterprise and fiberoptic providers in addition to cable, information and telecommunications retail options. The corporate’s experience spans:
- Operational Help System (OSS) and Enterprise Help System (BSS) transformations;
- software modernization;
- Broadband infrastructure providers and telco community enablement of digital merchandise reminiscent of 5G, Web of Issues (IoT) and Community-as-a-Service (NaaS).
In keeping with Wipro, CAS Group’s buyer relationships and area experience complement Wipro’s execution capabilities. The mixed entity will present shoppers with providers starting from technique growth and planning to execution and implementation.
Wipro acquires CAS Group: Management Perception
Philippe Dintrans, SVP & International Head, Domains & Consulting, Wipro Restricted commented:
“CAS Group brings to Wipro a uniquely complementary set of capabilities. Their long-term strategic partnerships with among the largest communications service suppliers, coupled with deep experience in large-scale transformation initiatives, will permit us to realize a big aggressive benefit on this high-growth sector. As we proceed to execute on our bold progress agenda, we’re thrilled to welcome the CAS Group as the most recent addition to the Wipro household and look ahead to bringing its full power to prospects. ,
Malay Joshi, SVP and Sector Head, Communications, Media and Info Providers, Wipro, stated:
“Communications service suppliers in North America are on the cusp of great transformation pushed by new connectivity applied sciences, options and differentiated enterprise fashions. The CAS Group is extraordinarily properly aligned with Wipro’s strategic priorities, that are centered on the markets we serve. Strengthens our buyer engagement by offering differentiated enterprise options with large expertise within the U.S. Wipro’s deep engineering prowess and broad capabilities in Cloud, IoT, 5G commercialization coupled with our complete digital enterprise offerings-customer expertise and Every thing from digital design to safety and compliance – the addition of the CAS Group to the Wipro household will present prospects with end-to-end world know-how, consulting and enterprise transformation capabilities.”
John McClure, CEO of CAS Group, concluded:
“As we start the subsequent section of our progress journey, we’re excited to convey our prospects a complete set of options that may empower them to appreciate their transformation objectives. We’re extraordinarily pleased with our staff and are grateful to our prospects who’ve made our outstanding success potential. By becoming a member of Wipro, we can ship our distinctive and distinctive capabilities globally, bringing extra worth to our prospects and staff, higher perception and the power of one of many world’s largest know-how providers firms.
Wipro acquisition historical past
Wipro has made a number of acquisitions in keeping with its present progress technique. Main strikes embrace acquisitions: