{"id":6964,"date":"2025-08-21T19:18:58","date_gmt":"2025-08-21T19:18:58","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/21\/wipro-to-acquire-harmans-dts-business-unit-for-375-million-details-here-business-news\/"},"modified":"2025-08-21T19:18:58","modified_gmt":"2025-08-21T19:18:58","slug":"wipro-to-acquire-harmans-dts-business-unit-for-375-million-details-here-business-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/21\/wipro-to-acquire-harmans-dts-business-unit-for-375-million-details-here-business-news\/","title":{"rendered":"Wipro To Acquire HARMAN&#8217;s DTS Business Unit For $375 Million; Details Here | Business News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9519862\">\n<p><span class=\"jsx-3cea4b2331e41d4a\">Last Updated:<\/span><time class=\"jsx-3cea4b2331e41d4a\">August 21, 2025, 17:53 IST<\/time><\/p>\n<h2 id=\"asubttl-9519862\" class=\"jsx-ff263f4b724d470d jsx-3195346301 asubttl-schema\">Under the agreement, more than 5,600 DTS employees, including senior leadership, across the Americas, Europe, and Asia, will move to Wipro.<\/h2>\n<div class=\"jsx-f62078ffd315d67c artsharwrp\">\n<div id=\"artshare\" class=\"jsx-f62078ffd315d67c artshare\">\n<div class=\"jsx-f62078ffd315d67c stickdiv\">\n<div class=\"jsx-f62078ffd315d67c deskwrapstkdiv\">\n<div class=\"jsx-f62078ffd315d67c flwonstk\"><a href=\"https:\/\/news18.co\/gnps-en-btn\" target=\"_blank\" style=\"margin:0 12px 0 0\" class=\"jsx-f62078ffd315d67c\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/gogole-serarch-btn.svg\" alt=\"Click to add News18 as a preferred source on Google\" title=\"Click to add News18 as a preferred source on Google\" width=\"94px\" height=\"30px\" style=\"vertical-align:top\" class=\"jsx-f62078ffd315d67c\"\/><\/a><\/div>\n<div class=\"jsx-f62078ffd315d67c fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" class=\"jsx-f62078ffd315d67c lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-ff263f4b724d470d jsx-3195346301 amimg\"><img decoding=\"async\" alt=\"The transaction is expected to be completed by December 31, 2025, according to a regulatory filing.\" title=\"The transaction is expected to be completed by December 31, 2025, according to a regulatory filing.\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-ff263f4b724d470d jsx-3195346301\"\/><\/p>\n<p>The transaction is expected to be completed by December 31, 2025, according to a regulatory filing.<\/p>\n<\/figure>\n<p id=\"0\" class=\"story_para_0\">IT major Wipro on Thursday said it has signed a definitive agreement to acquire 100 per cent stake in the Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company, for a cash consideration of up to $375 million (about Rs 3,270 crore).<\/p>\n<p id=\"1\" class=\"story_para_1\">Under the agreement, more than 5,600 DTS employees, including senior leadership, across the Americas, Europe, and Asia, will move to Wipro.<\/p>\n<p id=\"2\" class=\"story_para_2\">The transaction is expected to be completed by December 31, 2025, according to a regulatory filing.<\/p>\n<p id=\"3\" class=\"story_para_3\">\u201cWipro (through its subsidiaries) has signed a definitive agreement to acquire 100 per cent shareholding in Harman Connected Services Inc. and its subsidiaries and certain other assets (collectively, \u201cDTS&#8221;) from Harman International Industries, Inc. on August 21, 2025,&#8221; the filing said.<\/p>\n<p id=\"4\" class=\"story_para_4\">Upon completion of the acquisition, DTS will be integrated into Wipro\u2019s Engineering Global Business Line.<\/p>\n<p id=\"5\" class=\"story_para_5\">Further, as part of the acquisition, Wipro will enter into a multi-year strategic agreement with HARMAN and Samsung.<\/p>\n<p id=\"6\" class=\"story_para_6\">DTS, headquartered in Connecticut, USA, is a global provider of ER&amp;D and IT services, focusing on areas like Embedded Software, Digital Engineering, Design Thinking, Device Engineering, Cloud &amp; Infra services, Data Analytics &amp; AI, and Enterprise Automation. It caters to industrial, consumer, hi-tech (communication &amp; software), and healthcare &amp; life sciences sectors.<\/p>\n<p id=\"7\" class=\"story_para_7\">The acquisition strengthens Wipro\u2019s ER&amp;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.<\/p>\n<p id=\"8\" class=\"story_para_8\">\u201cTheir specialised engineering expertise, combined with Wipro\u2019s consulting-led, AI-powered capabilities, will significantly enhance the value we deliver to clients. DTS\u2019 strong presence in high-growth sectors and strategic markets complement our global footprint and strengthen our position as a trusted transformation partner,&#8221; Wipro CEO and Managing Director Srini Pallia said.<\/p>\n<p><i class=\"disclaimer-content\">(This story has not been edited by News18 staff and is published from a syndicated news agency feed &#8211; <a href=\"https:\/\/www.news18.com\/agency\/pti.html\">PTI<\/a>)<\/i><\/p>\n<div class=\"jsx-ff263f4b724d470d jsx-3195346301 artcta\">Stay updated with all the latest business news, including <a href=\"https:\/\/www.news18.com\/business\/markets\/\">market trends<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/topics\/stocks-to-watch\/\">stock updates<\/a>,\u00a0<a href=\"https:\/\/www.news18.com\/business\/tax\/\">tax<\/a>, IPO,\u00a0<a href=\"https:\/\/www.news18.com\/business\/banking-finance\/\">banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. <a href=\"https:\/\/news18.co\/gnps-en\" target=\"_blank\" rel=\"noopener\">Click here<\/a> to add News18 as your preferred news source on Google. Also <span data-olk-copy-source=\"MessageBody\">Download the\u00a0<a href=\"https:\/\/onelink.to\/eng-article-eop\">News18 App<\/a> to stay updated.<\/span><\/div>\n<div class=\"jsx-ff263f4b724d470d jsx-3195346301 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <span class=\"brdout\"> Wipro To Acquire HARMAN&#8217;s DTS Business Unit For $375 Million; Details Here<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-ff263f4b724d470d jsx-3195346301 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/wipro-to-acquire-harmans-dts-business-unit-for-375-million-details-here-9519862.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:August 21, 2025, 17:53 IST 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 December 31, 2025, according to a regulatory filing. IT major Wipro on Thursday said it has signed a definitive agreement&#8230;<\/p>\n","protected":false},"author":1,"featured_media":4768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-6964","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/6964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=6964"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/6964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/4768"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=6964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=6964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=6964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}