Wipro To Acquire HARMAN's DTS Business Unit For $375 million
Under the agreement, more than 5,600 DTS employees, including senior leadership, across the Americas, Europe, and Asia, will move to Wipro.
IT major Wipro on Thursday said it has signed a definitive agreement to acquire 100% stake in the Digital Transformation Solutions business unit of HARMAN, a Samsung company, for a cash consideration of up to $375 million (about Rs 3,270 crore).
Under the agreement, more than 5,600 DTS employees, including senior leadership, across the Americas, Europe, and Asia, will move to Wipro.
The transaction is expected to be completed by Dec. 31, 2025, according to a regulatory filing.
"Wipro (through its subsidiaries) has signed a definitive agreement to acquire 100% shareholding in Harman Connected Services Inc. and its subsidiaries and certain other assets (collectively, “DTS”) from Harman International Industries, Inc. on Aug. 21, 2025," the filing said.
Upon completion of the acquisition, DTS will be integrated into Wipro’s Engineering Global Business Line.
Further, as part of the acquisition, Wipro will enter into a multi-year strategic agreement with HARMAN and Samsung.
DTS, headquartered in Connecticut, USA, is a global provider of ER&D and IT services, focusing on areas like Embedded Software, Digital Engineering, Design Thinking, Device Engineering, Cloud & Infra services, Data Analytics & AI, and Enterprise Automation. It caters to industrial, consumer, hi-tech (communication & software), and healthcare & life sciences sectors.
The acquisition strengthens Wipro’s ER&D portfolio by advancing its AI-driven digital and device engineering capabilities, spanning design-to-manufacturing across industries such as technology, industrial, aerospace, healthcare, and consumer sectors.
"Their specialised engineering expertise, combined with Wipro’s consulting-led, AI-powered capabilities, will significantly enhance the value we deliver to clients. DTS’ strong presence in high-growth sectors and strategic markets complement our global footprint and strengthen our position as a trusted transformation partner," Wipro chief executive officer and Managing Director Srini Pallia said.
