CCI Approves Acquisition of Alight HR Services India Private Limited by Wipro Limited

On August 3, 2018, CCI approved the proposed acquisition by Wipro Limited (‘Wipro’/ ‘Acquirer’) of Alight HR Services India Private Limited (‘Alight’/ ‘Target’).

Wipro operates in the Information Technology – Business Process Management (‘IT- BPM’) industry and provides: (a) Information Technology (‘IT’) products; (b) IT services; (c) Business Project Management (‘BPM’); and (d) E-commerce. Further, Wipro’s IT services include IT and IT enabled services such as digital strategy advisory, customer centric design, technology consulting. Alight, on the other hand, provides only BPM services to its overseas group entities and cloud deployment services.

CCI observed that as the market dynamics were unlikely to change further to the proposed combination, it is unlikely to result in an AAEC. The proposed combination was accordingly approved.

Published In:Inter Alia Special Edition Competition Law October 2018 [ English
Date: October 30, 2018