WIPRO

  • Date/Status
  • Client
  • Description
  • Transaction Value
  • March 01, 2017
    (Closed)
  • Financial Advisor to¬†Wipro on the divestiture of EcoEnergy (its Energy management business unit) to United Technologies Corporation
  • $70 million

UTC Climate, Controls & Security has successfully completed its planned acquisition of EcoEnery, Wipro Limited’s energy services business division. EcoEnergy, based in Bengaluru, India, is a leading energy management solutions company that optimizes customers energy consumption by analyzing insights gained from its software-as-a-service platform, big data analytics and domain-centric people and processes.