Wipro is secretly making its biggest acquisition and this time it is a US-based cloud consultancy firm

If reports are to be believed, Wipro is making its biggest acquisition ever. It is likely Wipro has bought Appirio, a US-based cloud consultancy firm for more than $400 million, or Rs 3,000 crore.

Appirio is a prized possession as its technology enables companies to integrate cloud and on-premises applications seamlessly. The company was founded in 2006 and has Facebook, NYSE EuroNext and Four Seasons among its customers. It manages complex deployments across cloud, social and mobile, equipping enterprises to integrate cloud-based software.

Appirio had revenue of $200 million in 2015.

"This would be a first class acquisition to bolster Wipro's as-a-service capabilities, cloud, mobile and digital acumen. In my view, this would represent one of the most compelling and bold moves from an Indian-heritage major to date," Phil Fersht, CEO of US-based IT advisory firm HfS Research, told ET.

In earlier deals, Wipro bought Infocrossing for $600 million and HealthPlan Services for $460 million.

Appirio was founded by Chris Barbin, Mike O'Brien, Glenn Weistein and Narinder Singh and employs over 1,200 employees.

"Saleforce.com services really gets Wipro on the map in the lucrative salesforce implementation and consulting business. Appirio's Amazon web development services around Salesforce and Heroku, where Appirio does some very impressive work for clients such as Eli Lilly, would be a major plus for Wipro and sets the firm against the likes of IBM, Capgemini and Accenture. Wipro had suffered from several failed implementations, and this would really help get it on the map as a Workday partner," Fersht told ET.

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