GRC Viewpoint

Cyber Security Provider Edgile Will Now Be A Part of Wipro, Confirms the Latter

Wipro has announced its plans to acquire Edgile, a cyber security firm based in Austin, Texas, the US, in a deal worth a whopping $230 million.

Edgile is a transformational cybersecurity enterprise extending utmost focus on cloud security, information security, compliance and risk management, and digital identity. Edgile is a top name among enterprises focusing on business-aligned cybersecurity capability, constantly altering the regulatory environment and cloud transformations for securing the present enterprise challenges.

Further insights into the deal reveal that together, Edgile and Wipro would be developing an integrated suite called, Wipro CyberTransform. This suite is expected to assist enterprises to improve cybersecurity risks, boardroom governance, the invention of strong cyber strategies together with practical security.

“We are immensely thrilled to join Wipro, a company we admire for its values and deep technology capabilities. Our collective full spectrum of cybersecurity risk consulting and security management capabilities will help our global customers to continue to securely embrace their digital transformation journey and sustain their ongoing risk management priorities”, said, Don Elledge, CEO, Edgile.

The deal is expected to be completed prior to March 31, 2022. However, customary closing rules and regulatory approvals may get involved.

This is not the first cybersecurity acquisition this year by Wipro. Earlier, it had acquired Ampion, a leading cybersecurity service provider headquartered in Australia. Yet another one is Capco’s cybersecurity practice. Capco is a leading BFSI consultancy in the US and Europe. Through the firm’s Wipro Ventures Arm, Wipro is making a constant effort to invest in newer cybersecurity start-ups.

The enterprise aims to contribute heavily to the global cybersecurity industry. The acquisition is perceived to be a major step towards achieving this goal. The entity’s ‘quick start’ solutions and ‘strategy-first’ approach would enable the delivery of enhanced value in the strategic cybersecurity industry.


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