Wipro to divest hosted data center services business to Ensono for $405m

Wipro, a global information technology, consulting and business process services company based in Bengaluru, India, has signed a definitive agreement to divest Wipro’s hosted data center services business to Illinois-based Ensono, a hybrid IT services provider, for $405 million.

Wipro will unlock value by transitioning eight data centers, and more than 900 employees of its hosted data center services business to Ensono.

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.

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.