Indian tech firm Wipro is set to acquire the digital transformation solutions unit of Harman for $375 million, integrating Harman Connected Services into its engineering global business line. More than 5,600 employees will join Wipro across the Americas, Europe, and Asia, enhancing AI-powered engineering services for clients. Harman, known for brands like JBL, will focus on core automotive electronics post-sale. The deal will enable Harman Connected Services to grow faster with Wipro’s resources and technology.

Read more at Yahoo Finance: India’s Wipro to buy Harman’s digital transformation solutions unit for $375 million