Wipro's ex-telecom head to join Aricent

NEW DELHI: After P R Chandrasekar and Sudip Banerjee, it���s the turn of another former top Wipro executive to don the CEO���s hat. Sudip Nandy, who was heading Wipro���s telecom, media and technology business, is now learnt to be joining telecom software major Aricent as CEO. Mr Nandy quit earlier this month.

When contacted, Mr Nandy declined to comment. However, a source close to him said that Aricent was definitely one of the options Mr Nandy is looking at and he would join a new organisation only as a CEO. ���We don���t comment on market speculation,��� an Aricent spokesperson said.

Mr Nandy is best known for spearheading Wipro���s M&A efforts as its chief strategy officer. He was the man behind the $600-million buyout of US-based Infocrossing, the largest tech acquisition by an Indian company so far. In his role as a dealmaker, he completed nine M&As, including Infocrossing, and two JV transactions in 2006 and 2007. Mr Nandy, who took over as president of the telecom, media and technology business in December last year, led a $1-billion business.