TLDR:
- Wipro acquires majority stake in Aggne for $66 million
- Infosys partners with Pacific International Lines for digital transformation
Wipro recently acquired Aggne, a US-headquartered technology company focused on the insurance industry, for $66 million. This move will enhance Wipro’s capabilities in the property and casualty insurance space. Infosys has entered into a partnership with Pacific International Lines (PIL) to revamp their customer portal and deploy a modern technology platform to drive connectivity across markets they serve.
Key Developments in the Indian Technology World
Here are some key developments in the Indian technology world:
- Wipro acquired a majority stake in Aggne, a US-based technology company focused on the insurance industry, for $66 million. This acquisition will enhance Wipro’s capabilities in the property and casualty insurance space.
- Infosys partnered with Pacific International Lines (PIL) to revamp their customer portal and deploy a modern technology platform to further their ‘Driving Connectivity’ initiative.
- Pratt & Whitney opened a new digital capability center in Bengaluru to focus on delivering digital technology capabilities for their digital transformation.
- Tata Elxsi inaugurated a new Global Design and Engineering center in Pune to cater to automotive OEMs and Tier I suppliers.
- L&T Technology Services partnered with BlackBerry to leverage their automotive software solutions for developing software-defined vehicles for global OEMs.
- Synechron deployed GitHub Copilot, an AI developer tool, for Indian developers, resulting in productivity gains of up to 40%.
- Zendesk completed the acquisition of Klaus, an AI-powered quality management platform, to enhance their workforce engagement management solutions.
- Fulcrum Digital launched Ryze, an advanced Generative AI platform, for streamlining workflows in the insurance and retail sectors.
- Vertiv introduced the Vertiv Avocent ACS8000 Series Console in India for remote data center management and out-of-band management of IT infrastructure.
- HCLTech received top ranking in Gartner survey for data center outsourcing and hybrid infrastructure managed services worldwide.