SAIC selling some assets to Wipro - BusinessWeek

By
Viraj
on April 2, 2011 2:49 PM | | TrackBacks (0)
SAIC Inc. said Friday it has agreed to sell its U.S. oil and gas information technology services business and certain subsidiaries to Wipro Ltd. as it looks to focus its growth in other areas of the energy sector, including smart grid and renewable energy.

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Some of the SAIC subsidiaries involved in the sale are located in the United Kingdom, France, India and the Middle East. In all, the operations employ about 1,450 people, the company said. SAIC Chief Executive Walt Havenstein said the deal would better enable the company to focus on strategic growth areas, including smart grid, renewable energy and energy efficiency.

SAIC selling some assets to Wipro - BusinessWeek

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This page contains a single entry by Viraj published on April 2, 2011 2:49 PM.

OGRA responsible for oil price hike: PM - Daily Times was the previous entry in this blog.

Wipro to buy SAIC's IT biz for $150 mn - Indian Express is the next entry in this blog.

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