Wipro, Citrix & Hewlett Packard Enterprise come together to accelerate remote working solutions

Wipro Limited announced on Thursday after the market hours that it has strengthened its alliance with Citrix Systems, Inc. and Hewlett Packard Enterprise (HPE).  

These three companies will work together and offer solutions to accelerate remote working and bring modernisation into workspaces.  

The solution will offer a framework to enable a unified experience for organisations. It will be delivered through a pay-per-use model that is subscription-based, agile, elastic, and offers a consistent cloud experience. The solution aims to help clients accelerate their digital transformation efforts.  

The partnership will use the virtual desk platform of Wipro, Citrix's virtual apps & desktop services with a zero-trust security strategy alongside purpose-built virtual desktop infrastructure (VDI) from HPE to manage workloads and create secure, high-performance virtual compute environments. 

Reacting to this, the company’s stock today increased by 4.50 per cent and made an intraday high of Rs 511.95 per share.  

According to BSE data, the stock traded at a P/E multiple of 26.68 and a price-to-book ratio of 5.93. The stock has a 52-week high and a 52-week low of Rs 511.95 and Rs 178.20, respectively.  

At 11.20 am, the stock of the company was trading at Rs 500.10, up by 2.08 per cent on BSE.