Wipro will divest data center services business

Wipro (NYSE:WIT) will divest its hosted data center services business to Ensono for $405M. The deal is expected to close in the June quarter.

The business has eight data centers and over 900 employees. 

Wipro and Ensono also sign a long-term partnership agreement to address hybrid IT requirements of the former’s enterprise customers. As part of this agreement, Wipro will invest $55M in Ensono. 

Wipro shares are down 0.2% to $5.76     

Nguồn: seekingalpha.com