Wipro in talks to buy US firm

BANGALORE: Wipro Ltd, India's third-largest software services exporter, is in talks to acquire US technology services company Infocrossing Inc, CNTV18 television channel said on Friday, citing unnamed sources.

The size of the deal is expected to be between $450 million and $500 million, it said. A spokesman for New York-listed Wipro said the company would not comment on market speculation.

Wipro, which offers IT solutions such as system integration, software development and back-office services to companies looking to cut costs, has made a string of acquisitions in the last 1 year to boost growth.