File Photo of Wipro Company. | File Photo 
Business

Wipro completes divestment of data centre operations in India

The divestment of data centre operations in India entailed a consideration of USD 6 million.

From our online archive

NEW DELHI: IT major Wipro Monday said it has completed the divestment of its data centre operations in India to Ensono.

In March, the Bengaluru-based company had said it will divest its hosted data centre services business, consisting of Wipro Data Centre and Cloud Services, Inc (US), a portion of data centre business in Germany and UK, and certain employees in India who support the said operations to Ensono for USD 405 million.

Then in June this year, the company had said it had completed divestment of Wipro Data Centre and Cloud Services, Inc, as well as data centre business in Germany and UK to Ensono for USD 399 million.

"As a further update, we would like to inform that the divestment of data centre operations in India to Ensono has been completed on September 30, 2018," Wipro said in a regulatory filing Monday.

The divestment of data centre operations in India entailed a consideration of USD 6 million.

In its March filing, Wipro had said the deal would see transition of eight data centres and over 900 employees of the hosted data centre services business to Ensono.

Also, Wipro was to make a strategic investment of USD 55 million in Ensono's combined entity.

The hosted data centre services business had become a part of Wipro when the IT services firm acquired Infocrossing Inc in 2007.

CNG prices raised again in Delhi-NCR by Rs 1 per kg; second hike in two days

Fire breaks out on Rajdhani Express in MP's Ratlam, all passengers rescued

'Provocative': Pakistan Army responds to Gen Dwivedi's remarks on 'harbouring terrorists'

Targeting commercial ships,impeding navigation in Strait of Hormuz unacceptable: India’s UN envoy

'Friendship with Stalin beyond politics': Rajinikanth rejects claims of jealousy towards CM Vijay

SCROLL FOR NEXT