Wipro acquires business and tech transformation consultant CAS Group
Wipro has acquired Convergence Acceleration Solutions (CAS Group), a US-based consulting and program management company, with specialization in driving large-scale business and technology transformation for communications service providers (CSPs).
The financial terms of the deal were not revealed.
Established in 2007, CAS Group caters to clients across 17 centers of service that include mobile/wireless, business and fiber-optic services, and data, cable, and telecom retail solutions.
Its services include business support system (BSS) and operational support system (OSS) transformation, modernization of applications, broadband infrastructure services, as well as telco network enablement of digital products like 5G, Network as a Service, and Internet of Things (IoT).
John McAleer — CEO of CAS Group said: “As we embark on the next phase of our growth journey, we are excited to bring our clients a broader set of solutions that will empower them to realize their transformation goals. We are extremely proud of our team and thankful to our clients who made our remarkable success possible.
“Joining Wipro will allow us to deliver our unique and specialized set of capabilities at a global scale, bringing more value, more insights, and the strength of one of the world’s largest technology services companies to our clients and employees.”
According to Wipro, the deep-rooted client relationships and robust domain expertise of CAS Group combined with its own execution capabilities will deliver an end-to-end professional services solution and instant effect to clients.
The joint entity will offer clients with services that range from development of strategy and planning to execution as well as implementation.
Wipro further stated that the acquisition of CAS Group is yet another step in its transformation journey towards becoming a sought-after strategic partner for the most complex business transformation requirements of clients.
Malay Joshi — Wipro Senior Vice President and Communications, Media and Information Services Sector Head said: “CAS Group aligns very well with Wipro’s strategic priorities of strengthening our client partnerships by providing differentiated business solutions with talent at scale in the markets we serve.
“Combined with Wipro’s deep engineering prowess and extensive capabilities in Cloud, IoT, 5G commercialization, as well as our comprehensive digital business offerings—everything from customer experience and digital design to security and compliance—the addition of CAS Group to Wipro family will bring clients end-to-end global technology, consulting, and business transformation capabilities.”