Wipro Limited has signed a definitive agreement to acquire the Digital Transformation Solutions (DTS) business unit of HARMAN, a Samsung company, in a deal valued at up to USD 375 million (including earn-outs). The acquisition, announced on August 21, 2025, will be executed through Wipro’s subsidiaries and involves acquiring 100% shareholding in Harman Connected Services Inc. and its subsidiaries, along with certain other assets.
The transaction, subject to regulatory approvals including anti-trust clearances in the United States and other jurisdictions, is expected to close by December 31, 2025.
As part of the agreement, more than 5,600 DTS employees, including key leadership, across 14 countries such as the US, India, South Korea, UK, Poland, and Germany, will transition to Wipro. DTS is headquartered in Connecticut, USA, and reported consolidated revenues of USD 315 million in 2022, USD 308.2 million in 2023, and USD 314.5 million in 2024, with services contributing ~85% and products ~15% of revenues in CY24.
Wipro said the acquisition will expand its engineering research & development (ER&D) and digital engineering capabilities, strengthening offerings in AI-powered design-to-manufacturing, device engineering, and connected products. The DTS business brings expertise in embedded software, digital engineering, device engineering, cloud and infrastructure services, AI and data analytics, enterprise automation, and customer experience solutions.
Commenting on the development, Srini Pallia, CEO and Managing Director of Wipro Limited, said, “Welcoming DTS into the Wipro family marks a pivotal step in our transformation journey. Their specialized engineering expertise, combined with Wipro’s consulting-led, AI-powered capabilities, will significantly enhance the value we deliver to clients.”
Srikumar Rao, Managing Partner and Global Head of Engineering at Wipro, added that the acquisition will enable clients to “seamlessly connect the virtual and physical worlds, embed AI across the full spectrum of engineering, and unlock scalable innovation.”
From HARMAN’s side, CEO Christian Sobottka said the transaction “unlocks the next chapter for the DTS business unit—one where it can scale faster, reach more clients in key industries, and fully realize its growth potential.” Carolin Reichert, Chief Strategy Officer at HARMAN, noted that the move would also allow HARMAN to sharpen its focus on its core strengths in automotive electronics and audio innovation.
Upon completion, DTS will be integrated into Wipro’s Engineering Global Business Line. Wipro has also entered into a multi-year strategic agreement with HARMAN and Samsung as part of the deal, opening up new avenues for joint growth and transformation.
Deutsche Bank Securities Inc. acted as the financial advisor to HARMAN in the transaction.
