ATCO and Wipro have agreed to enter into a series of Master Services Agreements for a period of 10 years that will see Wipro provide the complete suite of IT services to ATCO. The transaction provides for continuity of employment for existing
The decision to outsource ATCO's IT services was due in part to increasing regulatory challenges faced by ATCO's utility companies when applying to the
"This alliance ensures ATCO can focus on growing our core businesses of structures and logistics, utilities and energy while Wipro delivers the strategic and innovative IT solutions required to support our global operations," said
"We are delighted to collaborate with ATCO in this transformational initiative," said
Wipro will also acquire all the shares of
Wipro Ltd. is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of over 140,000, serving clients in 175+ cities across 6 continents. For more information, please visit www.wipro.com.
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FOR FURTHER INFORMATION PLEASE CONTACT:
ATCO Group Erhard KieferSenior Vice-President & Chief Administration Officer (403) 998-3569 Wipro Ltd. Vipin Nair+91 8039916260 Vipin.email@example.com Wipro Ltd. Subhashini Pattabhiraman+91 760983975 Subhashini.firstname.lastname@example.org Source: ATCO Ltd.