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Wipro has acquired Convergence Acceleration Options (CAS Group), a 5G community consulting and program administration firm that serves cable and wi-fi corporations. Monetary phrases of the deal weren’t disclosed.
That is expertise M&A deal quantity 368 that ChannelE2E has lined up to now in 2022. See greater than 1,000 expertise M&A offers involving MSPs, MSSPs & IT service suppliers listed right here.
CAS Group, based in 2007, is predicated in Roswell, Georgia. The vendor has 104 workers listed on LinkedIn.
CAS Group supplies strategic transformation packages in cell/wi-fi, enterprise and fiberoptic providers in addition to cable, knowledge and telecom retail options. The corporate’s experience spans:
- operational assist system (OSS) and enterprise assist system (BSS) transformation;
- software modernization;
- broadband infrastructure providers and telco community enablement of digital merchandise, reminiscent of 5G, web of issues (IoT) and network-as-a-service (NaaS).
CAS Group’s consumer relationships and area experience complement Wipro’s execution capabilities, based on Wipro. The joint entity will present purchasers with providers starting from technique improvement and planning to execution and implementation.
Wipro Acquires CAS Group: Management Perception
Philippe Dintrans, SVP and world head, area & consulting, Wipro Restricted
John McAleer, CEO, CAS Group Ventures
Philippe Dintrans, SVP and world head, area & consulting, Wipro Restricted, commented:
“CAS Group brings to Wipro a uniquely complementary set of capabilities. Their long-standing strategic partnerships with a few of the largest communications service suppliers, mixed with deep experience in massive scale transformation tasks, will enable us to attain a major aggressive benefit on this high-growth sector. As we proceed to execute on our bold development agenda, we’re thrilled to welcome CAS Group as the most recent addition to the Wipro household and stay up for bringing our full power to purchasers.”
Malay Joshi, SVP and sector head for communications, media & data providers, Wipro, stated:
“Communications service suppliers in North America are on the cusp of serious transformation pushed by new connectivity applied sciences, options, and differentiated enterprise fashions. CAS Group aligns very nicely with Wipro’s strategic priorities of strengthening our consumer partnerships by offering differentiated enterprise options with expertise at scale within the markets we serve. Mixed with Wipro’s deep engineering prowess and in depth capabilities in Cloud, IoT, 5G commercialization, in addition to our complete digital enterprise choices—the whole lot from buyer expertise and digital design to safety and compliance—the addition of CAS Group to Wipro household will deliver purchasers end-to-end world expertise, consulting, and enterprise transformation capabilities.”
John McAleer, CEO, CAS Group, concluded:
“As we embark on the subsequent section of our development journey, we’re excited to deliver our purchasers a broader set of options that may empower them to appreciate their transformation targets. We’re extraordinarily pleased with our crew and grateful to our purchasers who made our outstanding success attainable. Becoming a member of Wipro will enable us to ship our distinctive and specialised set of capabilities at a world scale, bringing extra worth, extra insights, and the power of one of many world’s largest expertise providers corporations to our purchasers and workers.”
Wipro’s Acquisition Historical past
Wipro has made a number of acquisitions because it pursues its ongoing development technique. Key strikes embody buying:
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