HARMAN announced the official closing of the previously announced sale of its Digital Transformation Solutions (DTS) business unit to Wipro Limited, following all required regulatory approvals.
The transaction advances HARMAN’s strategic focus on strengthening its core Automotive and Lifestyle businesses while ensuring continuity and opportunity for DTS employees and customers.“This milestone reflects our disciplined approach to portfolio management and our commitment to long-term growth,” said Carolin Reichert, Chief Strategy Officer at HARMAN. “We appreciate the contributions of our DTS colleagues, and we are confident the business will continue to thrive as part of Wipro.”
With the transition finalized, DTS will now operate as part of Wipro’s Engineering Global Business Line. As part of the acquisition, Wipro will enter into a multi-year strategic agreement with HARMAN and Samsung, further deepening the relationship and creating new avenues for joint growth and transformation.
HARMAN will continue to invest in advanced automotive, audio, and connected technologies that deliver meaningful innovation for automakers, consumers, and enterprises worldwide.
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