Wipro Technologies is all set to get a whole lot bigger. It is close to acquiring a company in the USD 50 million plus range, reports CNBC-TV18.
Speaking at the NASSCOM Leadership Summit in Mumbai, Chief Strategy Officer, Sudip Nandy says there are lots of takeover options on the table. "At any point of time, we have several active cases. Some are more hot than others," he said.
"We hope that we'll close one transaction, but there's no guarantee because the due diligence takes some time. So we are looking at some aquisitions and the ball park figure is that it has to be more than USD 50 million. The amount of effort pre and post transaction for a USD 5 million and USD 50 million is the same, so why not go for the larger one," he added.
Speaking at the NASSCOM Leadership Summit in Mumbai, Chief Strategy Officer, Sudip Nandy says there are lots of takeover options on the table. "At any point of time, we have several active cases. Some are more hot than others," he said. 
