The firm has offered $18.70 per share for Infocrossing which is a Nasdaq-listed, New Jersey-based IT infrastructure specialist that provides outsourcing services to SMBs in the US. The deal, which is expected to close in December this year subject to regulatory approval, will be the biggest of its kind made by an Indian services firm. Wipro reported healthy profits in the first half of 2007 with net income up 16 per cent to 7.1bn rupees ($175m) as demand for outsourcing in India rose.