Overview

• Wipro agreed to acquire 100% of Harman Connected Services Inc. and related DTS assets in a cash transaction valued at up to $375 million.
• More than 5,600 DTS employees across 14 countries, including senior leadership, will transition to Wipro at closing.
• The acquisition requires regulatory approvals and is expected to close by December 31, 2025.
• After completion, DTS will be integrated into Wipro’s Engineering Global Business Line alongside a multi‑year commercial agreement with HARMAN and Samsung.
• DTS, headquartered in Connecticut, reported roughly $308–315 million in annual revenue from 2022 to 2024 across ER&D and IT services for industrial, consumer, hi‑tech and healthcare clients.