Wipro is buying cloud consultant Appirio for $500M

It’s India meets Indianapolis: Bangalore-based consulting firm Wipro is buying Appirio for $ 500 million to bulk up its cloud applications business.

With more resources behind it, cloud services vendor Appirio will be in a better position to fight back against big consulting firms like Accenture and Deloitte, which “have garnered disproportionate market share” in the cloud services market in recent years, Appirio CEO Chris Barbin wrote in a blog post explaining the deal.

Appirio, based in Indianapolis, offers a range of cloud applications integration services, many of them built around Salesforce.com — a logical fit since it grew out of Salesforce’s AppExchange startup incubator. The 10-year-old company also partners with Workday, Google and Amazon Web Services, and numbers Facebook, eBay and Coca-Cola among its customers.

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Computerworld Cloud Computing