JSA, AZB, Baker act on HARMAN's ₹3,125 crore DTS business sale to Wipro

Harman International Industries Inc., a Samsung company, is making a strategic global sale of its Digital Transformation Solutions business to Wipro Limited at an overall deal value of up to approximately ₹3,125 crore (USD 375 million).

JSA Advocates & Solicitors is advising HARMAN on the India leg of the transaction. The Firm is handling all India-related structuring, regulatory, employment, and due-diligence aspects of the transaction.

The transaction was led by Rupinder Malik (Lead Partner), with support from Harshit Anand (Partner) and Kranthi Mamidanna (Senior Associate).

Baker McKenzie is advising HARMAN on the global transaction.

The core Baker McKenzie team includes 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) and Amanda Jaramillo (London); 

• Carve-out Partner Joe Lance (Chicago) and Associates David Gutierrez (Miami) and Kelly Cooney (Chicago);

• Antitrust & Competition Partners Creighton Macy (Washington, DC) and 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) and Jonathan Tam (Palo Alto) and Associate Richard Yang (Palo Alto); 

• Employment & Compensation Partners Kimberly Franko (New York); Amanda Cohen (San Francisco) and Thomas Asmar (Palo Alto) and Associates Mecole Tate (San Francisco), M’Alyssa Mecenas (Los Angeles) and Sesen Hailemichael (San Francisco); and

• Tax Associate Joseph Chung (Houston). 

AZB & Partners is advising Wipro on this business acquisition.

The transaction team is led by Srinath Dasari (Senior Partner) and Bhuvana Veeraragavan (Senior Partner), with support from Mridula Sriram (Senior Associate) and Associates Niranjan Kumar and Amirthamayee Chandra Shekhar.

Aditya Singh Chandel (Partner), Suhail Bansal (Senior Associate) and Sarvagya Bilgaiyan (Senior Associate) advised on tax matters.

Bharat V Budholia (Senior Partner), Varun Thakur (Senior Associate) and Khushi Agarwal (Associate) handled competition law aspects.

The acquisition of HARMAN's DTS business expands Wipro’s Engineering, Research & Development service offerings and capabilities by enhancing its AI-powered digital engineering and device engineering—including design-to-manufacturing—across technology, industrial, aerospace, healthcare, and consumer industries.

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