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Wipro sells entire stake in Ensono Holdings

31 May 2021 Evaluate

Wipro has sold its entire stake in Ensono Holdings, LLC for a consideration of $ 76.24 million. Consequent to the sale, Wipro does not hold any stake in Ensono Holdings, LLC. In March 2018, Wipro and Ensono, a leading hybrid IT services provider, had signed a long-term partnership agreement to jointly address the hybrid IT requirements of Wipro’s new and existing enterprise customers. As part of this agreement, Wipro had made a strategic investment of $ 55 million for a 10.2% stake in Ensono’s combined entity, Ensono Holdings, LLC. 

Wipro is a leading global information technology, consulting and business process services company.

Wipro Share Price

176.10 2.05 (1.18%)
03-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2092.75
Infosys 1047.00
HCL Technologies 1139.85
Wipro 176.10
Tech Mahindra 1410.40
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