Bengaluru, July 15 -- Global software major Wipro on Tuesday said that it is acquiring Brazil-based IT consulting and services firm IVIA Servicos de Informatica Ltda for $22.4 million (Rs 168.9 crore).

"IVIA provides IT solutions, including system development, maintenance, consulting and project management services to clients in diverse sectors like financial services, transportation, retail, healthcare, consumer goods and manufacturing in Brazil," the city-based tech firm said in a statement.

The 24-year-old Latin firm is headquartered in northeast Brazil, with offices in Fortaleza-Ceara, Recife-Pernambuco and Natal-Rio Grande do Norte.

"IVIA's local talent and our global expertise will help expand our footprint, set up delivery centres...