Wipro bags Rs 680 crore deal from US company

BANGALORE: Software services provider Wipro has won a $100-m (Rs 680 crore) technology outsourcing contract from a United States-based healthcare services company, according to people with direct knowledge of the development.

The contract, spread over five years, will require the Bangalore-based company to provide infrastructure management including consolidating the client's multiple data centres.

In June, Wipro had won another large contract, valued at around $500 million (Rs 3,400 crore) from Citigroup as well as another $100-million contract from a healthcare services provider during the April-June quarter.

A company spokesperson said that Wipro does not comment on market speculation.

The company has been lagging the industry for nearly two quarters but has given a robust growth forecast for the July-September period, after reporting flat sales during the just-concluded quarter. Under chief executive TK Kurien, Wipro has been increasing its focus on sales to win large contracts from new clients.