CyberMedia India Online Ltd. reporter Priya Padmanabhan provides some interesting fodder for thought in, "What’s behind Wipro’s shopping binge?" According to the article, the India service provider has "snapped up six companies in modest-sized deals ranging between $10-$75 million."
One source in the article suggests the motivation is to ramp up competencies in new domains and expand geographic reach.
And the buying may continue. Wipro is sitting on a "pile of $900 million."
