Wipro shares gain 1% as firm acquires DTS business of Samsung company HARMAN; five things you need to know

This transaction, the company said, will accelerate Wipro’s mission to deliver next-generation engineering research & development (ER&D) services. _ Here are the five key things you need to know_.

• As part of the agreement, over 5,600 DTS employees, including key leadership, across the Americas, Europe and Asia will transition to Wipro upon closing of the transaction.

• The acquisition is subject to regulatory approvals and is expected to close by December 31, 2025.

• Wipro said that the DTS unit brings to Wipro a robust foundation in digital engineering and ER&D, with strengths spanning domain-led design, connected products, and software platforms. DTS sets itself apart with its purposeful integration of deep engineering with AI-native platforms, domain expertise, proprietary accelerators, and autonomous agent frameworks—enabling transformation at scale through technology designed around people.

"Combining DTS’ personalised, high-touch service model with Wipro’s global scale, advanced technology ecosystem, and expansive resources will allow clients to gain access to the best of both worlds: the agility and precision of a specialist provider and the reach and capabilities of a global leader," Wipro added.

• As part of the acquisition, Wipro will enter into a multi-year strategic agreement with HARMAN and Samsung, further deepening the relationship and creating new avenues for joint growth and transformation.

• Upon completion of the acquisition, DTS will be integrated into Wipro’s Engineering Global Business Line.

• Deutsche Bank Securities Inc. acted as the financial advisor to HARMAN in this transaction.

Wipro

“Welcoming DTS into the Wipro family marks a pivotal step in our transformation journey,” said Srini Pallia, CEO and Managing Director of Wipro Limited. “Their specialised engineering expertise, combined with Wipro’s consulting-led, AI-powered capabilities, will significantly enhance the value we deliver to clients. DTS’ strong presence in high-growth sectors and strategic markets complements our global footprint and strengthens our position as a trusted transformation partner. Together, we’ll accelerate digital innovation, reduce time-to-market, and sharpen competitive advantage.”

HARMAN

Christian Sobottka, CEO of HARMAN, said, “This agreement unlocks the next chapter for the DTS business unit—one where it can scale faster, reach more clients in key industries, and fully realise its growth potential. As part of Wipro, a company with deep engineering prowess, DTS will have the complementary capabilities and ecosystem needed to expand its impact and accelerate the value it delivers to customers.”