Benzinga | Jul 20, 2021 12:50PM EDT

Wipro To Invest $1B Over Three Years To Drive Cloud Competencies

* IT, consulting, and business process services provider Wipro Ltd (NYSE:WIT) launched Wipro FullStride Cloud Services and committed to investing $1 billion in cloud technologies, capabilities, acquisitions, and partnerships over the next three years.

* Wipro FullStride Cloud Services brings together the complete portfolio of Wipro's cloud-related capabilities, offerings, and talent to better orchestrate the cloud journey for clients.

* Price action: WIT shares traded higher by 0.87% at $8.14 on the last check Tuesday.