India’s third largest software services firm 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.