Baker McKenzie Advised HARMAN on Agreement with Wipro to Sell DTS Business for up to USD 375 Million
Baker McKenzie advised HARMAN in connection with its agreement with Wipro to sell its Digital Transformation Solutions (DTS) business unit for up to USD 375 million.
The global law firm Baker McKenzie advised HARMAN in connection with its agreement with Indian tech firm Wipro to sell its Digital Transformation Solutions (DTS) business unit for up to USD 375 million.
The acquisition will enhance Wipro's Engineering Research & Development and IT services capabilities, adding expertise in embedded software, digital engineering, and device engineering.
The Baker McKenzie team included M&A partners Leif King (Palo Alto), Aarthi Belani (Palo Alto) and Darcy Down (Los Angeles) and tax partner Lane Morgan (Dallas), with support from:
- Transactional associates: Asama Itseumah (Los Angeles), Jonathon Juilfs (San Francisco), Darius Adel (New York), Amanda Jaramillo (London)
- Carve-out partner: Joe Lance (Chicago) and associates David Gutierrez (Miami), Kelly Cooney (Chicago)
- Antitrust & competition partners: Creighton Macy (Washington, DC), Mark Weiss (Washington, DC) and associate Evan Harris (Washington, DC)
- Trade partner: Rod Hunter (Washington, DC) and associate Alexandra Kumar (Washington, DC)
- Real estate partner: Sarah Winston (Chicago)
- Data & privacy partners: Adam Aft (Chicago), Jonathan Tam (Palo Alto) and associate Richard Yang (Palo Alto)
- Employment & compensation partners: Kimberly Franko (New York), Amanda Cohen (San Francisco), Thomas Asmar (Palo Alto) and associates Mecole Tate (San Francisco), M’Alyssa Mecenas (Los Angeles), Sesen Hailemichael (San Francisco)
- Tax associate: Joseph Chung (Houston)
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