Wipro, a leading global information technology, consulting and business process services company and Excelfore, a leading provider of middleware solutions for Smart Mobility Networks, today announced a global partnership to offer secure connectivity solutions for next generation smart and autonomous vehicles.
This partnership combines Excelfore's Smart Mobility Networks solutions with Wipro's global systems integration and managed services expertise to enable connected car solutions for automotive original equipment manufacturers (OEMs) and Tier 1 equipment makers.
John Slosar, Vice President and Global Head Automotive Electronics, Wipro, said, "Automotive OEMs seek to bring end-to-end secure networking solutions to market, with full vehicle over-the-air (OTA) updates at a global scale. Wipro's partnership with Excelfore will enable the rapid deployment of these solutions in automobiles. This partnership enhances Wipro's leadership position in the automotive engineering services market and strengthens our ability to support connected automotive initiatives of our global automobile customers."
Shares of the company declined Rs 1.55, or 0.54%, to trade at Rs 286.95. The total volume of shares traded was 50,335 at the BSE (10.04 a.m., Tuesday).