IT services company Wipro has sold its hosted data center services business, which was acquired from Infocrossing Inc in 2007, to Ensono for $405 million.
Bangalore-based Wipro will transfer eight data centers, and over 900 employees of its hosted data center services business to Ensono.
Wipro will make an investment of $55 million in Ensono. Wipro and Ensono signed an agreement to address the hybrid IT requirements of Wipro’s new and existing enterprise customers.
“As we embrace our strategy of focusing on newer digital areas of spend, our investment and partnership with Ensono will enable us to remain committed to meeting the hosted data center services requirements of our customers,” said Kiran Desai, senior vice president, Global Infrastructure Services, Wipro.
Ensono provides hybrid IT services, from cloud to mainframe, that enable clients to digitally transform their business. Ensono is doubling in size, diversifying its client portfolio and increasing its annualized revenue to be in excess of $550 million through the acquisition.
Beyond a growing geographic footprint and data center presence, Ensono will manage over 260K MIPS and over 30K hosted servers, said Jeff VonDeylen, CEO of Ensono.