It provides Computer Aided Design and Product Lifecycle Management interoperability software services. ITI’s offerings and solutions will be consolidated as a part of Wipro’s Industrial & Engineering Services business and will function as a wholly-owned US subsidiary of the company. Wipro to Acquire International TechneGroup Incorporated (ITI), a Global Interoperability Solutions Company. IT major Wipro said it will acquire US-based International TechneGroup Incorporated (ITI) for $45 million (around Rs 312 crore). International TechneGroup Incorporated was founded in 1983 by the late Dr. Jason "Jack" Lemon with a mission to help manufacturers drive innovation and time to market by applying computer-aided product development to engineering problems. DLA Piper has advised Wipro Limited on its acquisition of International TechneGroup Incorporated (ITI), a global digital engineering and manufacturing solutions company. Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. Wipro Wipro to acquire US-based International TechneGroup Incorporated for $45 mn. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in the quarter ending September 30, Wipro said. Wipro Limited , a leading information technology, consulting and business process services company, today announced that it has signed a definitive agreement to ... | June 5, 2019 Founded in 1983 and headquartered in Ohio, USA, ITI has offices in the UK, Italy, Israel and Germany. Wipro Limited, the information technology, consulting and business process services company, has signed a definitive agreement to acquire International TechneGroup Incorporated (ITI), a global digital engineering and manufacturing solutions company. Wipro Limited, an information technology, consulting and business process services company, announced that it has signed a definitive agreement to acquire International TechneGroup Incorporated (ITI), a global digital engineering and manufacturing solutions company. Wipro to Acquire International TechneGroup Incorporated (ITI), a Global Interoperability Solutions Company businesswire , June 5, 2019, 12:58 pm 0 0 ITI is privately held and has 130 employees as of March 2019. 2019 JUN 18 -- By a News Reporter-Staff News Editor at Mergers & Acquisitions Daily News -- Wipro Limited , a leading information technology, consulting and business process services company,... | …