Wipro

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launched Wipro - composite application factory, a new service line to customers to facilitate the phasing out applications in a cost-effective way, from any system landscape.

The W-CAF will provide customers with the option of building and implementing composite applications on the SAP NetWeaver platform leveraging the composite application framework, the India-based company said.

The shares of the company were trading at $12.70, up 20 cents Wednesday.

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