Wipro has signed a definitive agreement to divest its hosted data center services business to Ensono, a leading hybrid IT services provider for $405 million. Wipro will unlock value by transitioning eight data centers, and over 900 employees of its hosted data center services business to Ensono.
Besides, 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.
Wipro is a leading global information technology, consulting and business process services. The company harnesses the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help clients adapt to the digital world and make them successful.
Company Name | CMP |
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TCS | 3831.95 |
Infosys | 1488.55 |
HCL Tech. | 1430.80 |
Wipro | 477.35 |
Tech Mahindra | 1370.95 |
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