Wipro (NYSE:WIT)
Historical Stock Chart
2 Years : From May 2010 to May 2012

Wipro Technologies, the global IT services business of Wipro Limited
(NYSE:WIT), today announced that its Business Process Outsourcing
division has partnered with Microsoft Corporation to provide global
Legal Process Outsourcing (LPO) for Microsoft’s Intellectual Property
(IP) portfolio.
In July 2008, Wipro began providing U.S. Patent and Trademark filing and
docketing services to Microsoft’s Intellectual Property & Licensing
group. Microsoft previously had used a mix of in house resources,
outside law firms and offshore vendors to perform these IP services.
Moving to Wipro, with its extensive BPO experience, international reach
and global delivery capabilities, ensured not only efficiency but also
consistency in the way Microsoft does business.
Microsoft facilitated the transition of processes to Wipro by leading
domain training for Wipro’s team. Wipro correspondingly developed the
LPO framework, tools, trainings, controls and metrics required to drive
high productivity and reduced costs for Microsoft. Wipro’s operational
rigor, application of tools and various quality improvement
methodologies has led to significant gains in both quality and
efficiency of the transferred processes. These results have led
Microsoft to add international docketing and filing processes to the
original US-only processes at Wipro.
Over the past two years, Wipro has developed an impressive IP domain
expertise and ability to work on a scale required for Microsoft’s vast
IP portfolio. Wipro and Microsoft continue to jointly develop improved
domain expertise, processes and case management and work allocation
tools to further streamline IP processes.
“The dedicated Microsoft team at Wipro has become a fundamental
component of our global Patent operations function,” said Martin
Shively, GM of Patent Operations at Microsoft. “The Wipro team works
closely with our in-house team to manage one of the world’s largest and
most valuable patent portfolios.”
"The success of this partnership is testament to the innovation and
dedication demonstrated by Microsoft's IP team and Wipro's LPO solutions
professionals," said Saju A. Joseph, General Manager KPO & LPO
solutions, Wipro Technologies. "Wipro will continue to integrate legal
expertise with process and technology to reduce overall legal cost for
its clients,” he added.
Today Wipro and Microsoft continue to work together to expand their
global delivery partnership.
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE:WIT) is the first
PCMM Level 5 and SEI CMM Level 5 certified global IT services
organization. Wipro Technologies was recently assessed at Level 5 for
CMMI V 1.2 across offshore and onsite development centers. Wipro is one
of the largest product engineering and support service providers
worldwide. Wipro provides comprehensive research and development
services, IT solutions and services, including systems integration,
information systems outsourcing, package implementation, software
application management, and datacenter managed services to corporations
globally.
In the Indian market, Wipro is a leader in providing IT solutions and
services for the corporate segment in India, offering system
integration, network integration, software solutions and IT services.
Wipro also has a profitable presence in niche market segments of
consumer products and lighting. In the Asia-Pacific and Middle East
markets, Wipro provides IT solutions and services for global
corporations. Wipro's ADS' are listed on the New York Stock Exchange,
and its equity shares are listed in India on the Stock Exchange -
Mumbai, and the National Stock Exchange.
For more information, please visit our website at www.wipro.com.
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth
prospects are forward-looking statements, which involve a number of
risks, and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks and
uncertainties relating to these statements include, but are not limited
to, risks and uncertainties regarding fluctuations in our earnings,
revenue and profits, our ability to generate and manage growth, intense
competition in IT services, our ability to maintain our cost advantage,
wage increases in India, our ability to attract and retain highly
skilled professionals, time and cost overruns on fixed-price, fixed-time
frame contracts, client concentration, restrictions on immigration, our
ability to manage our international operations, reduced demand for
technology in our key focus areas, disruptions in telecommunication
networks, our ability to successfully complete and integrate potential
acquisitions, liability for damages on our service contracts, the
success of the companies in which we make strategic investments,
withdrawal of fiscal governmental incentives, political instability,
war, legal restrictions on raising capital or acquiring companies
outside India, unauthorized use of our intellectual property, and
general economic conditions affecting our business and industry.
Additional risks that could affect our future operating results are more
fully described in our filings with the United States Securities and
Exchange Commission. These filings are available at www.sec.gov.
We may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the
company’s filings with the Securities and Exchange Commission and our
reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us or on
our behalf.