NEW DELHI: IT major Wipro on Friday signed a deal with Alight Solutions to acquire Alight HR Services India Private for $117 million.
Alight HR Services India Private — formerly known as Aon HR Services India Private — is into IT and ITeS services, inter alia, related to human resource outsourcing, information technology, shared and finance process outsourcing.
With 9,000 employees, the company has five offices in India across Gurgaon, Noida, Mumbai and Chennai. It reported revenues of Rs 1,132 crore in FY18 and Rs 531 crore in FY17.
As part of a strategic partnership, Wipro will take over Alight HR Services India, Alight's captive operations in India. This will enable Alight to accelerate investment in consumer-facing technologies and services across its health, wealth and cloud operations by leveraging Wipro's industry-leading strengths in automation, machine learning and data analytics, the company said in a filing to BSE.
"Wipro's focus will be to modernise Alight's core technology assets and further automate its operations to enhance the user experience of Alight's end customers," the company added.