Wipro Ltd , India's No. 3 software services exporter, on Friday said it would acquire SAIC's global oil and gas technology services business for $150 million.
SAIC's Global Oil and Gas Information Technology practice provides consulting, system integration and outsourcing services to global oil majors, Wipro said in a statement.
Wipro will add about 1,450 employees across North America, Europe, India and the Middle East following the deal, it added.
Top Indian software companies are looking for acquisitions in key business segments and geographies in an effort to ride a recovering global demand for IT services.
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