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Wiprio acquires Appirio

Commentary

For many years, Appirio was touted as one of the most attractive cloud computing companies in the US, sought after by buyers wanting to boost their cloud applications business. In recent years, the game has changed as powerful players like IBM, Accenture and Deloitte have all made inroads in the cloud computing space. Last week, Bangalore-based Wipro announced it is acquiring Appirio for $500 million. With more resources behind it, Appirio is now in a better position to compete with its toughest rivals and regain its top position. The acquisition will likewise give Wipro, one of India’s biggest IT companies, a chance to make its mark in the global arena.