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Wipro signs 71 million Alpha Net deal to gain clients and teams
Business
Published on 24 April 2026
Earnout payments will depend on performance conditions
Wipro has struck a $71 million acquisition deal to take over key client contracts and related employees from Alpha Net Group. Beyond the upfront value, the transaction includes deferred earnout-linked payments tied to meeting performance conditions. The company expects to complete the deal by June 30, 2026.
- Wipro will gain Alpha Net clients, contracts and employees
- The deal is valued at about $71 million
- Deferred earnout payments depend on performance conditions
- Expected closure by June 30, 2026
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times