Wipro Infotech seems to be merging with Wipro Technologies. According to an Organizational Announcement
APAC Geography has had a great performance last year with ASEAN and Australia both growing above 93% in Revenue and PBIT over 265%. The respective teams have done a great job on all counts - farming of large accounts, adding new accounts, adding new Lines-of-Business in existing accounts and over-achieving the revenue and profit targets.
This performance and the market growth have prompted us to provide it a greater growth lever - by moving it to Wipro Technologies. We hope with this movement APAC will grow more aggressively in the future.
This movement would mean that all employees in Wipro Infotech (whether in India or at an overseas location) in APAC accounts would eventually move into Wipro Technologies, albeit in a phased manner...
The new structure makes perfect sense, now that the growth is not coming from the West. Wipro Infotech and Tech operated as different companies and offered no perceptible leveraging of their individual strengths as they cross-employee movement was restricted. The integration will greatly enhance their services across geographies.