India company buys Tampa firm for $460M

TAMPA — India-based Wipro Ltd. acquired HealthPlan Services, a privately-held Tampa firm that connects health insurance clients to public and private exchanges throughout the United States.

Wipro paid $460 million for HealthPlan Services, according to a release.

HealthPlan Services is one of the largest independent companies that handles sales, benefits administration and technology in the insurance and managed care industries. Last year, it built an online health insurance portal for Tampa-based Suncoast Credit Union.