Wipro in talks to buy US firm Infocrossing

BANGALORE: Wipro Ltd., India's third-largest software services exporter, is in talks to acquire US technology services company Infocrossing Inc., a local television channel said on Friday, citing unnamed sources.

The size of the deal is expected to be between $450 million and $500 million, it said.

A spokesman for New York-listed Wipro said the company would not comment on market speculation.

Wipro, which offers IT solutions such as system integration, software development and back-office services to companies looking to cut costs, has made a string of acquisitions in the last 1-½ years to boost growth.