Wipro sells hosted data centre operations to Ensono for USD 406 mln

Wednesday 14 March 2018 | 15:06 CET | News
Wipro, a provider of IT services, has agreed to sell its hosted data centre services business to Ensono, a provider of hybrid IT services, for USD 405 million. The deal will include eight data centres and over 900 employees. The acquisition is subject to the usual closing conditions and regulatory approvals and is expected to close by the end of the second quarter. 

Wipro and Ensono have also signed a long-term partnership that will take care of the hybrid IT requirements of Wipro’s new and existing enterprise customers. Under that agreement, Wipro will make a strategic investment of USD 55 million into Ensono.

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