PDF: 2962 pages, 5.2 MB - Bay Area Council Economic Institute

Software/IT Services/Business Process Outsourcing
• Wipro expanded its telecom capability by partnering with IP Infusion, a San Jose developer
of intelligent network software platforms for Internet protocol (IP) communications
equipment, to offer voice-over-Internet (VoIP), virtual private networking, and
storage area networking (SAN) solutions.
• In 2006, Wipro acquired Sunnyvale business management services firm cMango for $20
million, to help scale growth in IT infrastructure services through cMango’s presence in
the U.S., UK, Singapore, and India.
• Tensilica, a Santa Clara maker of configurable processors that drive systems-onchip
design, has teamed with Wipro on low-cost, high-performance biometric
identification applications.
• Wipro and San Francisco-based Embarcadero Technologies established a joint center
of excellence in Bangalore in 2004 to offer application and performance testing solutions
as well as data lifecycle management tools to customers.
• Wipro uses Alameda-based Wind River Systems’ device software optimization (DSO)
technology to help device software of various kinds run faster and more reliably at lower
cost. Wind River has also licensed Wipro USB 2.0 host software for its embedded
solutions with clients such as NASA, Hewlett-Packard, Sony, and Honda.
• VaST Systems, a Sunnyvale developer of solutions that enable users to model embedded
system and system-on-chip design, has licensed its technology to Wipro, with a particular
eye toward leveraging both companies’ offerings in the Japan semiconductor and
consumer electronics markets.
$150 Million to $2 Billion in Six Years:
Vivek Paul Takes Wipro for a Spin
In December 2008, Vivek Paul left San Francisco-based private
equity firm Texas Pacific Group (TPG), where he had been a partner
since 2005. Paul resurfaced in March 2009, with the launch of
Akansa Capital, a “sector-agnostic” India-focused fund that has
already raised seed capital and is expected to close by year-end
in the $300–400 million range.
Paul serves on the boards of Electronic Arts and Virginia-based
Computer Sciences Corp., and on the advisory council of the
Federal Reserve Bank of San Francisco. He is also an advisor to
Stanford University’s radiology and molecular imaging department
and has been ranked among the top global managers by Business
Week and among the world’s top 30 global CEOs by Barron’s.
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