Wipro to divest hosted data centre services biz to Ensono for $405 m
Team Udayavani, Mar 15, 2018, 11:32 AM IST
New Delhi: Wipro on Wednesday said it has signed a definitive agreement to divest its hosted data centre services business to Ensono for $405 million.
The deal will see transition of eight data centres and over 900 employees of the hosted data centre services business to Ensono, Wipro said in a statement.
“The acquisition significantly expands Ensono’s geographic footprint and global service capabilities, taking the company one step closer to achieving its vision of helping clients harness the power of hybrid IT to transform their businesses on a global scale,” it added.
Wipro and Ensono have also signed a long-term partnership agreement to jointly address the hybrid IT requirements of Wipro’s new and existing enterprise customers.
As part of the agreement, Wipro will make a strategic investment of $55 million in Ensono’s combined entity.
The hosted data centre services business is one of the three businesses that became a part of Wipro when the firm had acquired Infocrossing Inc in 2007.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
MUST WATCH
Latest Additions
Priyanka Gandhi will surpass votes received by Rahul: IUML
Manipur: 2 more arrested for arson at residences of MLAs
Priyanka Gandhi will win by record margin from Wayanad, says Telangana CM
Something is fishy, there’s a big conspiracy: Raut on poll trends suggesting Mahayuti’s win
IPL Auction: Pant set for date with history but Arshdeep won’t be far behind
Thanks for visiting Udayavani
You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.